Libratus was developed by Computer Science Professor Tuomas Sandholm and his Ph.D. student, Noam Brown. Libratus is being used in this contest to play poker, an imperfect information game that requires the AI to bluff and correctly interpret misleading information to win. Ultimately programs like Libratus also could be used to negotiate business deals, set military strategy or plan a course of medical treatment — all cases that involve complicated decisions based on imperfect information.
Source: CMU AI Is Tough Poker Player | Carnegie Mellon School of Computer Science