2024 may potentially be the year that genAI hype peaked. But the momentum around the subject continues to be intense. In a query of Elsevier’s Scopus database, generative AI had a CAGR of 313.3% from 2019 when there were four publications on the subject. As of November 27, there were 4,821 papers featuring the subject…
Banking on AI: Financial firms break into 2024’s top 50 patent leaders
The first month of 2024 reveals an AI patent landscape that extends well beyond Silicon Valley’s traditional dominance. While semiconductor firms like Intel Corporation (1,212 patents) and tech giants IBM (489 patents) and Samsung Electronics (684 patents) lead in sheer numbers based on an analysis of IFI Claims/BigQuery data, financial services firms have emerged as…