{"id":615007,"date":"2024-02-11T00:00:00","date_gmt":"2024-02-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/11\/can-you-guess-whos-leading-the-ai-patents-game\/"},"modified":"2024-02-11T00:00:00","modified_gmt":"2024-02-11T00:00:00","slug":"can-you-guess-whos-leading-the-ai-patents-game","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/11\/can-you-guess-whos-leading-the-ai-patents-game\/","title":{"rendered":"Can you guess who\u2019s leading the AI patents game?"},"content":{"rendered":"

Who holds the most AI-related patent applications? If you guessed <\/strong>Microsoft, Google, or OpenAI, you\u2019d be wrong.<\/strong> IBM currently tops the list of companies holding the most AI-related patent applications in the US over the past five years, reports Axios<\/a>. While patents may be filed solely to have first dibs on copyrights, the volume of the applications indicate serious interest from Big Tech.<\/p>\n

IBM made <\/strong>1.6k<\/a><\/strong> patent applications within the last five years<\/strong>, according to analysis by patent database IFI Claims. The patent data analytics firm cites Google as the second in lead, followed by Microsoft, Samsung, Intel and Adobe, Capital One, and Baidu. A large percentage of the copyrights were specific to generative AI.<\/p>\n

OpenAI didn\u2019t even crack the top 25 \u2014 although that figure may not show the whole<\/strong> picture.<\/strong> IFI Claims reported just one<\/a> patent application filed by the AI research company, which \u201cis surprising for an organization that is knowledge based,\u201d IFI says. Still, it\u2019s important to note that this is the only publicly available patent application, which means there may have been more recent filings that haven\u2019t made it to the public eye yet. Another explanation is that OpenAI is prioritizing protecting its existing IP.<\/p>\n

What are they patenting?<\/strong> IBM\u2019s genAI patents vary across image, speech, text, and video, as do Google and Samsung\u2019s applications. Nvidia\u2019s patents mostly focus on image and video AI, while Apple is focusing their copyrights on speech genAI.<\/p>\n

As tech giants are doubling down on AI, they\u2019ve also been <\/strong>slashing jobs<\/a><\/strong>.<\/strong> So far, some 34k<\/a> people in the US tech industry have lost their jobs since the start of 2024. While these USD bn companies claim that not all workers were replaced by AI, news of job cuts came hot on the heels of major investments<\/a> in AI by those same companies.<\/p>\n

\n

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Hackers had a lucrative year:<\/strong> Ransomware attacks saw hackers reel in around USD 1.1 bn in crypto last year, essentially doubling y-o-y from USD 567 mn in 2022, Axios<\/a> reports. In addition to the steep y-o-y increase, last year\u2019s haul from ransomware hackers is the highest value of payments Chainalysis<\/a> has seen in the past five years, which Chainalysis suggests could be due to \u201cthe growing number of gangs getting involved in ransomware,\u201d while Axios notes that the increase points to their deft maneuvering of law enforcement. <\/p>\n

Some businesses opt to give in to hackers:<\/strong> When a business is targeted by a cybersecurity attack, sometimes it costs less to pay the requested ransom than to wait out the losses in revenue from their blocked systems, Axios notes. That being said, fewer businesses paid out ransoms, with some 29% of targeted businesses making payments in 4Q 2023 compared to 85% in 1Q 2019, according to Coveware<\/a>. As the total amount of ransomware payments has gone up, the number of payers has dropped, \u201csuggesting hackers are asking for more money in each attack.\u201d The average ransom payment dropped 33% q-o-q in 4Q 2023 to USD 569k, Coveware\u2019s data shows.<\/p>\n","protected":false},"excerpt":{"rendered":"

IBM files 1.6k AI patents as 36k people lose their jobs<\/p>\n","protected":false},"author":1,"featured_media":615008,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[7094,8371,633,638,1143,446,462,8370,3389],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-615007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-ai","tag-big-tech","tag-enterprisepm","tag-for-your-commute","tag-google","tag-ibm","tag-microsoft","tag-openai","tag-silicon-valley","wpautop","entry"],"acf":{"mongo_id":"5e4b052a-db18-4404-ba02-e864f04e85ca","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/2\/477.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[615002],"teaser":"IBM files 1.6k AI patents as 36k people lose their jobs","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/2\/.7b20a62b-5bef-4b6d-a95d-63ccbe27c305.mp3"},"yoast_head":"\nCan you guess who\u2019s leading the AI patents game? 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