♦ According to the Patent Landscape Report, India ranked fifth with 1,350 GenAI patents. GenAI, or Generative AI, allows users to create content including text, images, music or software code, powering a range of industrial and consumer products, including chatbots such as ChatGPT, Google Gemini or Baidu’s ERNIE. This report was published by the UN World Intellectual Property Organization (WIPO). It analysed the data between 2014-2023 and assigned ranks. China got first rank in this report with 38,210 patents followed by the United States (6,276 patents), the Republic of Korea (4,155 patents), and Japan (3,409 patents).
♦ India has also overtaken the UK (sixth with 714 patents) and Germany (708) when it comes to number of GenAI patents published.
♦ The top 10 patent applicants are:
♦ Tencent (2,074 inventions), Ping An Insurance (1,564), Baidu (1,234), Chinese Academy of Sciences (607), IBM (601), Alibaba Group (571), Samsung Electronics (468), Alphabet (443), ByteDance (418), and Microsoft (377).
Posted Date: July 8, 2024