Digital Science announces new AI patent study results: IBM leads Google and Microsoft as race to next generation AI heats up
Major players are vying for top position as Generative AI drives technology patent grants up by 16% in the last five years and applications by 31%, according to a new patent study on trends in artificial intelligence by Digital Science company IFI CLAIMS
NEW HAVEN, Conn., Feb. 06, 2024 (GLOBE NEWSWIRE) -- U.S. commercial giants IBM, Google and Microsoft lead the way as the companies with the most patent applications in Generative AI (GenAI), with other major firms such as Samsung, Adobe and Intel also in the Top 10. However, the creator of ChatGPT, OpenAI, is way down the list with fewer than five patents, according to the new report 'IFI Insights: Opening the Patent Picture on Generative AI'.
IFI CLAIMS Patent Services - a world leader in tracking patent application and grant data - is a Digital Science company that compiles and tracks data from the U.S. Patent and Trademark Office (USPTO) and other patent-issuing agencies around the globe.
The report shows that GenAI patents make up around 22% of all patents in AI, which is itself growing, with over half a million patents in this area in the last five years. IBM is the leading company in this space, with over 1,500 patent applications in 2023 - this is a third more than second place Google and more than double the number of Microsoft. IBM's strategy has been to focus on a limited number of areas, including AI, which has also seen it move to fourth place in the IFI CLAIMS annual patent rankings released last month.
The study also drills down into where the focus is for companies in their pursuit of innovation, such as the class and type of GenAI being developed. Many companies are focusing on a class of research termed 'Computing arrangements based on biological models' where huge computing power is required, while others such as IBM, Google and Samsung focus on all four types of GenAI outputs: video, text, speech and images. However, others such as Nvidia have a narrower focus (video and images), or only have patents in one area such as Apple (speech).
"Although generative AI seems so new to the world, the patent filings show us that the technologies around this form of AI have been developing for a while," said Ronald Kratz, CEO of IFI CLAIMS Patent Services.
"With any powerful, emerging technology, patents are a strong indicator of which companies will dominate the space down the road," said Kratz. "Investors should take note of the corporations protecting inventions in promising new areas."
To see the top firms, trends, and insights published today from the world's most trusted patent data provider, visit the IFI website.
About IFI CLAIMS Patent Services
IFI CLAIMS Patent Services uses a proprietary data architecture to produce the industry's most accurate patent database. The CLAIMS Direct platform allows for the easy integration of applications, other data sets, and analysis software. Headquartered in New Haven, Conn., with a satellite office in Barcelona, Spain, IFI CLAIMS is part of Digital Science, a digital research technology company based in London. For more information, visit www.ificlaims.com and follow IFI on LinkedIn.
About Digital Science
Digital Science is an AI-focused technology company providing innovative solutions to complex challenges faced by researchers, universities, funders, industry and publishers. We work in partnership to advance global research for the benefit of society. Through our brands - Altmetric, Dimensions, Figshare, ReadCube, Symplectic, IFI CLAIMS Patent Services, Overleaf, Writefull, OntoChem, Scismic and metaphacts - we believe when we solve problems together, we drive progress for all. Visit www.digital-science.com and follow @digitalsci on X or on LinkedIn.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ce4002bf-7eb4-4d55-a3fb-187791a9bd76
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