The race to dominate the generative AI landscape is intensifying, with major companies investing heavily in research and development to secure their technological edge. The patents held by these industry leaders not only showcase their innovative capabilities but also set the stage for future advancements in AI. Read this article to know about companies with most generative AI patents in 2024.
Companies with Most Generative AI Patents (2024)
Generative AI stands out as a transformative technology with the potential to revolutionise the healthcare and entertainment industries. By enabling machines to create text, images, music, and even entire virtual environments, generative AI is pushing the boundaries of creativity and innovation. This surge in technological advancement is reflected in the patent activity of leading companies. In 2024, several key players will have emerged at the forefront of generative AI research and development, securing numerous patents to protect their groundbreaking inventions. This article delves into the top companies holding the most generative AI patents, highlighting their contributions and the implications for the future of AI technology.
According to an April 2024 report by the World Intellectual Property Organization (WIPO), based on data from EconSight/IFI Claims, China leads the world in patent filings. The report highlights China’s dominance, showcasing its rapid advancements in innovation and technology, with major companies contributing significantly to this achievement.
| Company | Country | GenAI Total Patents |
| Tencent Holdings | China | 2,074 |
| Ping An Insurance | China | 1,564 |
| Baidu | China | 1,234 |
| IBM | US | 601 |
| Alibaba Group | China | 571 |
| Samsung Electronics | Republic of Korea | 468 |
| Alphabet/Google | US | 443 |
| ByteDance | China | 418 |
| BBK Electronics | China | 377 |
| Microsoft | US | 377 |
| Netease | China | 337 |
| NTT | Japan | 330 |
| Huawei | China | 328 |
| China Mobile | China | 300 |
| State Grid | China | 291 |
| Adobe | US | 257 |
| Sony Group | Japan | 218 |
| Siemens | Germany | 208 |
| Ant Group | China | 202 |
| Industrial and Commercial Bank of China | China | 191 |
Source: World Intellectual Property Organisation (WIPO), based on potent data from EconSight/IFI Claims, April 2024
Tencent has focused extensively on AI research, securing numerous patents in areas such as natural language processing, machine learning algorithms, and facial recognition technology. Their AI-driven initiatives span gaming, social media, and fintech applications.
Ping An Insurance has patented various AI technologies, particularly in fintech and healthcare. Their patents include innovations in risk assessment, fraud detection, medical imaging analysis, and personalised financial services using machine learning.
Baidu holds a significant portfolio of AI patents, primarily in autonomous driving, speech recognition, and natural language processing. Their advancements in deep learning and AI chips have also bolstered their technological edge.
IBM’s AI patent portfolio is vast, covering areas like cognitive computing, AI ethics, quantum computing, and AI-powered data analytics. Their Watson AI platform exemplifies their leadership in commercial AI applications.
Alibaba has secured numerous AI patents, particularly in e-commerce, logistics, and cloud computing. Their innovations include recommendation algorithms, smart logistics systems, and AI-driven customer service bots.
Samsung’s AI patents encompass a wide range of technologies, including AI for smart devices, image recognition, and voice assistants. Their focus on integrating AI into consumer electronics is evident through their advanced product offerings.
Google, through Alphabet, holds a substantial number of AI patents in machine learning, neural networks, and data processing. Their work in AI research and development has led to significant advancements in autonomous vehicles, search algorithms, and AI ethics.
ByteDance, the parent company of TikTok, has patented various AI technologies in content recommendation, natural language processing, and computer vision. Their AI-driven algorithms power personalised content delivery on their platforms.
BBK Electronics, known for brands like Oppo and Vivo, has AI patents in smartphone technology, including camera enhancements, voice recognition, and AI-powered user interfaces. Their focus is on integrating AI for improved user experiences.
Microsoft has a vast array of AI patents, particularly in cloud computing, AI ethics, machine learning, and natural language processing. Their Azure AI platform and AI tools for developers exemplify their commitment to advancing AI technology.
Netease’s AI patents focus on areas such as gaming, online education, and e-commerce. Their innovations include AI-driven game development, personalised learning platforms, and smart retail solutions.
NTT holds AI patents in telecommunications, network optimisation, and smart city solutions. Their research includes AI for network security, predictive maintenance, and IoT applications.
Huawei’s AI patent portfolio is robust, with innovations in telecommunications, AI chips, and smart devices. Their AI technologies are integrated into 5G networks, smartphones, and cloud computing services.
China Mobile has secured AI patents primarily in telecommunications, network optimisation, and IoT. Their AI innovations enhance network performance, customer service, and smart city initiatives.
State Grid’s AI patents focus on smart grid technologies, including AI for energy management, predictive maintenance, and grid optimisation. Their advancements help in efficient energy distribution and management.
Adobe’s AI patents are centred around digital media and creative tools. Their innovations include AI-driven image and video editing, content creation, and personalised marketing solutions.
Sony’s AI patents span areas such as robotics, image processing, and entertainment. Their AI technologies are integrated into gaming, cameras, and consumer electronics for enhanced user experiences.
Siemens holds AI patents in industrial automation, smart manufacturing, and healthcare. Their AI-driven solutions enhance operational efficiency, predictive maintenance, and medical diagnostics.
Ant Group has patented various AI technologies in fintech, including risk management, fraud detection, and personalised financial services. Their AI-driven platforms support secure and efficient financial transactions.
ICBC’s AI patents focus on financial technologies, including AI for risk assessment, fraud detection, and personalised banking services. Their AI innovations enhance the efficiency and security of financial operations.
As these companies continue to push the envelope, the impact of generative AI on various sectors will likely grow exponentially, driving new applications and opportunities. Understanding the key players and their patented technologies provides valuable insight into the direction of AI development and its potential to reshape our world.
Strong AI vs Weak AI: What are the Main Differences Between them?
This post was last modified on August 7, 2024 11:30 pm
Rish Gupta is an Indian entrepreneur who serves as the chief executive officer (CEO) of…
Are you looking to advance your engineering career in the field of robotics? Check out…
Artificial intelligence is a topic that has recently made internet users all over the world…
Boost your learning journey with the power of AI communities. The article below highlights the…
Demystify the world of Artificial Intelligence with our comprehensive AI Glossary and Terminologies Cheat Sheet.…
Scott Wu is the co-founder and Chief Executive Officer of Cognition Labs, an artificial intelligence…
