Samsung and IBM lead the AI patent race as European companies lag behind

New research into global patent registrations and information on the economic value of patents in the AI sector reveals that Samsung, IBM and Tencent dominate with the highest number of patents filed. But the study from specialist in the law and economics of IP, OxFirst,  also shows fierce competition between the US and China which overshadows other countries, including those in Europe. Analysis of the patent landscape between 2010 and 2020 shows that patents relating to Machine Learning experienced their greatest filing growth in 2017/2018. During this time period global patent applications increased by over 68 percent. Samsung dominates the… [Continue Reading]