• Image 01
  • Image 02
  • Image 03
  • Image 04
  • Image 05
  • Image 06
Need assistance? Contact Us: 1-800-255-5897

Menu

  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
Recent Quotes
View Full List
My Watchlist
Create Watchlist
Indicators
DJI
Nasdaq Composite
SPX
Gold
Crude Oil
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

Digital Science announces new AI patent study results: IBM leads Google and Microsoft as race to next generation AI heats up

By: Digital Science via GlobeNewswire
February 06, 2024 at 05:00 AM EST

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.

IFI-GenAI-report-leaders-patent-applications

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


Media Contacts

For media inquiries and interviews, please contact Lily Iacurci, Marketing Specialist, IFI CLAIMS Patent Services: lily.iacurci@ificlaims.com

Simon Linacre, Head of Content, Brand & Press, Digital Science: Mobile +44 7484 381477, s.linacre@digital-science.com

David Ellis, Press, PR & Social Manager, Digital Science: Mobile +61 447 783 023, d.ellis@digital-science.com

Primary Logo

More News

View More
Crypto Skeptics Can Still Win Big With These Risk-Limiting ETFs
Today 10:16 EDT
Via MarketBeat
Topics ETFs
Tickers ARKZ COIN FDIG FIS
3 Discounted Steel Stocks You Can DCA Into Today
Today 10:04 EDT
Via MarketBeat
Topics Artificial Intelligence
Tickers CLF CMC STLD
Could Baker Hughes Be an Unlikely Winner in Drone Defense Boom?
Today 8:11 EDT
Via MarketBeat
Topics Artificial Intelligence Energy Government
Tickers BKR LMT NOC
MarketBeat Week in Review – 07/21 - 07/25
Today 7:00 EDT
Via MarketBeat
Topics Artificial Intelligence Economy Government
Tickers AMZN ASTS AVGO GOOGL
3 Stocks Flying Under the S&P 500 Radar
July 25, 2025
Via MarketBeat
Topics Artificial Intelligence ETFs Stocks
Tickers AAPL AEVA AMD GOOGL
Site Logo
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.

Having difficulty making your payments? We're here to help! Call 1-800-255-5897

Copyright © 2019 Franklin Credit Management Corporation
All Rights Reserved
Contact Us | Privacy Policy | Terms of Use | Sitemap