As far as IP rights go a lot of the project will be what I do after I leave university. But I've already spoken to heads and have worked around that issue. In fact they'd be my first investors, but advised against open source. So IP is workable.

As for what the project is it's pretty hush hush right now before I decide anything but to give an idea of size it would include AI and an NLP engine built into it. It's got a lot of business potential as well. If that would help with an idea of where I should go?

And again. Question is. How do open source teams actually make money out of projects like this?