The Open Data Institute, a UK-based incubator and promoter of open-data businesses?that was first conceived by Tim Berners-Lee and artificial intelligence pioneer Nigel Shadbolt, is today announcing its first international investment. The Omidyar Network, the investment firm co-founded by eBay's Pierre Omidyar and his wife Pam, is putting $750,000 towards early funding of open data startups. The money comes on top of the ?10 million ($16 million) that the UK government has already committed over the next five years for the project.Source: http://feedproxy.google.com/~r/Techcrunch/~3/qgS6Fx7iZPc/
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