Semantic Hacker

http://www.semantichacker.com/

Semantic Hacker has an open API for semantic discovery and is running a million dollar challenge to use their system in new and interesting ways. The system seems to pull out semantic data from any text source. There is an example on their site where you can paste text and get out the data. It seems mostly like a keyboard analysis system. It would be interesting to have someone comment on the system as it stands.

"Develop a software prototype, business plan or both with commercial viability that is focused on a vertical market. Solutions in finance, healthcare or pharmaceuticals might be good places to start."