Deep Learning (DL) and Neural Networks (NN) not only automate the process of searching in huge volumes of information but also learn (store and use) from previously analysed data to improve the accuracy of overall searches. Today's research is focused on using deep learning and neural networks for classifying or categorizing the patents and finding similar patents. Natural language processing (NLP) is also being used to suggest contextually relevant keywords and their synonyms. This leads to improved concordance between the available knowledge and documents that users want to search for. AI can also help in deriving Insight into the strengths and weaknesses of a technology segment in certain geographies by cross referencing with the IP data and delivering an instant overview of the domain.