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Semantic Conference in March in San Francisco 

http://www.semantic-conference.com/

It does appear like the momentum is picking up. The brochure says the market for "semantic technologies" will be $63 Billion by year 2010. I haven't any idea what that means, I wish they could tell me where exactly the market is so that I can cash out.

"Semantics" has always been hot, so there isn't much new there. There will certainly be some progress in both exiplicit representation of semantics (using RDF/OWL/Rules) and derivation of semantics (from raw data) over the next decade, but there won't be miracles. VCs, use caution and tread carefully!