China leads generative AI patent filings globally, says UN data - report [Seeking Alpha]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: Seeking Alpha
Patent filings related to Generative AI saw more than 50,000 applications submitted in the past decade. About one-fourth of these were filed in 2023 itself, according to the World Intellectual Property Organization, or WIPO, the report added Over 38,000 Generative AI inventions were submitted by China between 2014-2023 compared to 6,276 filed by the U.S. across the same period, WIPO noted. WIPO Patent Analytics Manager Christopher Harrison told reporters that the Chinese patent applications covered vast sectors, which included autonomous driving, publishing, document management. the report noted. South Korea came in third followed by Japan and then India, with India growing at the fastest rate, according to the data. Top applicants included China's TikTok owner ByteDance ( BDNCE ), Alibaba ( BABA ) and Microsoft ( MSFT ), which has backed ChatGPT creator OpenAI. "The patent data suggests this is an area that is going to have a profound impact across many different industria
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