The Stanford Libraries have released "Stanford Libraries Awarded $4 Million Grant to Implement Linked Data Metadata Environment."
Here's an excerpt:
A proposal to dramatically shift how libraries create metadata and greatly improve how users discover library holdings has been accepted and awarded to Stanford Libraries by The Andrew W. Mellon Foundation. In partnership with the libraries of Cornell, Harvard and the University of Iowa, Stanford will lead the effort to integrate library data into the Web, in a semantic way, so it can be discovered intelligently in Web searches as well as in a library’s catalogue.
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