Monthly Archives: May 2009

First place on the Innovation Accelerator in the Silicon Valley!

It’s been a week since we’ve come home from the Innovation Accelerator in Mountain View. This is the trip that we’ve won on the Microsoft Imagine Cup in Paris, last summer, as special prize. It’s been a great week – we’ve attended numerous priceless sessions and gained a peek into the entrepreneurial life in Silicon Valley. In the end of the week all the teams presented their projects to three venture capitlists – and of the six participant teams (Australia, France, Germany, Slovakia, South Africa and us, Hungary) we were the ones receiving the highest ratings!

Among the sessions were presentations on startups Liftopia, Ribbit, Zoosk, 3Scale and some others. We visited the Plug & Play Centre – an incubator for about 200 startups – a place that seems like lots of fun to work at! Of course there were some Microsoft sessions as well, we had a networking event and all key phases of starting up a company were covered in a presentation series. It’s incredible how much I’ve heard over the week..!

The Hungarian Team on the Innovation Accelerator

The Hungarian Team on the Innovation Accelerator

Innovation Accelerator participants with the three venture capitalists

Before the Innovation Accelerator we’ve taken a week long road trip in California and Nevada. If you’re interested, you can read our blog in Hungarian on the trip here.

How good will the next Microsoft search engine be?

During my stay in Silicon Valley I had the chance to chat with Steve Newcomb, the founder of Powerset. As he explained Powerset is a search engine that is based on linguistics and AI. During its development they gathered the top AI people to build a tool that would deliver better results than Google.

Steve said that the first prototype of Powerset returned more accurate results than Google. And shortly after that, on August 1st, 2008 Microsoft acquired them. When I asked Steve whether their technology is already used in Live Search or somewhere else he said he is not authorized to say anything about this.

It is commonly spread news that MS is testing a new search engine codenamed Kumo. My guess is that the core of Powerset will be integrated in this new engine in Kumo (if not renamed until launch). It will be exciting to see.

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