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Rio 2016: Five of Thursday's biggest events to watch at the Olympics

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Michael Phelps and Ryan Lochte came in first and second, respectively, in Wednesday night's semifinal for the 200-meter individual medley, setting up a showdown for the gold medal. Phelps, of course, has 25 total Olympic medals, including a record 21 Olympic gold medals, but only 12 of those 21 have come from individual events, whereas the others came from relays.

Phelps, the top qualifier, will be seeking his fourth straight 200-meter IM Olympic title, swimming Thursday evening next to longtime rival and USA teammate Ryan Lochte.

This is the event Phelps has won gold at in the last three Olympiads.

Counting her relay swim, Ledecky, 19, has raced eight times in the first five days and covered 1,800 meters.

Tuesday night, when Phelps clinched gold for the 4x200 relay team by swimming the anchor leg, the Americans had 18 medals, seven of them gold. "Any time I get up and race him, it's the best".

Both Phelps and Ledecky have already won gold in Rio, but they're hoping to add to their respective treasure trove as the world watches.

Earlier in the day, the team of Schmitt, Missy Franklin, Melanie Margalis, Cierra Runge posted the fastest overall time (7:47.77) in the semifinals to advance to Wednesday night's final.

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Kosuke Hagino of Japan, who won the 400m individual medley on Saturday, was sixth out of 16 to make it through to the semis. Americans have won more swimming medals than any country in every Olympic games since 1988.

Until now, Balandin's biggest achievement was winning three breaststroke gold medals at the 2014 Asian Games.

Australia's Cate Campbell, left, celebrates winning a semifinal of the women's 100-meter freestyle ahead of third placed Sweden's Sarah Sjostrom during the swimming competitions at the 2016 Summer Olympics, Wednesday, Aug. 10, 2016, in Rio de Janeiro, Brazil. Thus, she potentially will end up with four golds and a silver - matching the total number of medals US teammate Missy Franklin produced in London.

For Australia, a country known more for its distance freestylers, Chalmers became the first 100 free champion since Michael Wenden at Mexico City in 1968.

He is the greatest Olympian of all time.

Certainly Phelps and Ledecky are leading the way.

"I was talking to Bob (Bowman, his forever coach) the other night", Phelps said during a press conference in the wee hours of Wednesday morning.

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