01/31/2023
The importance of federal contractors continues to be highlighted as the war continues to ramp up.“As this chart based on the LexisNexis PatentSight directory shows, Tencent and Baidu became the largest patent owners in machine learning and AI in 2021, each holding more than 9,000 active patent families. A family is a set of patents covering the same technical content. IBM owed more than 7,000 families that same year, while Microsoft held just under 6,000 – rank six. Between 2012 and 2019, it was Microsoft which owned the most AI patents, according to LexisNexis.
Even bigger than the rise in filings by Tencent and Baidu was the AI patent frenzy unleashed by Chinese insurance and banking giant Ping An. The number of patent families it owns grew from fewer than 50 to more than 6,000 just in the past five years. years. Among the AI tools recently developed by the company is software for analyzing facial micro-expressions (i.e. eye blinks, involuntary twitches), which Ping An uses to assess insurance claims its policyholders send in by video.” -
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