British Gov't to Invest �30 Million in Semantic Web

Wednesday Mar 24th 2010 by Staff

Web 3.0 technology gets a US$45 million dollar boost from the Brits.

PCWorld: Semantic Web research has received a £30 million ($US45 million) boost from the UK government. The investment will be used to fund a new Institute for Web Science to be run by Tim Berners-Lee and Nigel Shadbolt.

Semantic Web technology aims to link data so that computers will be able to reason and answer questions, not just point users to locations where they can find the information they are looking for.

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