A very interesting project found via Slashdot: U of A Computer Poker Research Group. An excerpt from their FAQ:
Q: What are you doing, and why?A: The goal of the University of Alberta Computer Poker Research Group is to create a computer program that plays poker better than any human being. We will have to solve many interesting computer science problems along the way.A very nice, and relatively short description of the program is available in an excerpt of a reply to a science writer for the German newsmagazine Der Spiegel.