NYT:

"A worldwide computing project known as grid, whose long-term vision is to bring the power of supercomputing to individuals, is taking a step out of the laboratory and into the commercial mainstream. In a paper that was presented yesterday at a conference in Toronto, four computer scientists laid out a plan for marrying their grid technology for distributed computing with so-called Web services — the technical standards that major computer companies are betting on to deliver a new generation of offerings on the Internet."

02/23/02 update: Grid Will Hunting.