The Turing Award is the highest prize in computer science. Since first being awarded in 1966 it has grown in importance along with its field. In 2007, it began to include a cash award of $250,000, thanks to corporate donations from Google and Intel. In 2014 Google sharply increased its support so the prize could be quadrupled to $1 million. That approximately matches the Nobel award, and puts Turing in the major league of scientific honors and incentives.
- New York Times report, bits.blogs.nytimes.com/2014/11/13/google-lifts-the-turing-award-into-nobel-territory/?_r=0