The Significant Expansion of AI-Related Patent Applications and IP Portfolios

GBT Technologies is a development-stage company, native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence (AI) enabled mobile technology platforms. As Artificial Intelligence (AI) becomes increasingly visible in the popular imagination through applications such as virtual assistants, computer vision, natural language processing and self-driving cars, companies are unsurprisingly expanding their IP (intellectual property) portfolios to keep pace. According to the World Intellectual Property Organization (WIPO), "Since that time, innovators and researchers have published over 1.6 million AI-related scientific publications and filed patent applications for nearly 340,000 AI-related inventions." The report from WIPO looks at growth trends in AI, and specifically AI-related application patents. According to the research, machine learning (ML) is mentioned in 40 percent of all AI-related patents, while deep learning represents the "fastest growing technique in AI, with a 175 percent increase [from 2013 to 2016]."