Powerset, with new search technology, launches today - SiliconValley.com
: "Now based in San Francisco, the core of Powerset's technology was developed at Xerox's Palo Alto Resarch Center (PARC), which is famous for incubating breakthroughs like the computer mouse and the graphical user interface. Pell's co-founder Lorenzo Thione is a research scientist who has worked at CommerceNet consortium and the Fuji-Xerox Palo Alto Laboratory. About 25 of Powerset's 60 employees have Ph.Ds., mostly in computational linguistics.
Google has also hired dozens of specialists in computational linguistics, though its executives warn it will take years before machines can truly understand human text.
In the meantime, Powerset may face a bigger challenge: turning its computational break throughs into cash."
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