Market Scan
Powerset's 2008 Promise: A Wikipedia Seach Engine
08. January 2008
Valleywag is reporting a rumor that Yahoo might purchase semantic search startup Powerset. We got our hands on a memo that details Powerset's 2008 outlook. Our verdict? Yahoo won't purchase Powerset unless it wants to explore the depths of Wikipedia, instead of the web.
Powerset started off 2007 with a fair amount of hype. A high-profile New York Times piece in January presented the Founders Fund-backed company as a possible "Google-Killer" for its promised semantic search technology.[read more]