EU Google Competitor Project Gets Aid Worth $166 Million 111
mernil wrote with the news that the EU Commission has given the go-ahead to provide funding for Germany's search engine project, called Theseus. Early this year we discussed Germany's withdrawal from the French project Quaero. From the outside, it looks like the EU Commission is unwilling to put all its eggs in one basket, funding the German project to the tune of 120 million euro, or $US 166 million. Dow Jones reports: "The aim is to develop new search technologies for the next generation Internet, including 'semantic technologies which try to recognize the meaning of content and place it in its proper context.' The semantic Web has been considered the next evolution of the Internet at least since Tim Berners-Lee, widely considered a creator of the current version of the Internet, published an article describing it in 2001. In theory, a semantic Web could receive a user request for information about fishing, for example, and automatically narrow the results according to the user's individual needs rather than blanket the user with pages related to numerous aspects of fishing. The Commission's funding approval Thursday immediately sparked talk of building a potential European challenger to Web search leader Google Inc."