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Topic of the week: IP World's AI Trend!
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EXPLORE
We recently had the pleasure of attending IP Service World, Europe's largest IP trade show and conference, and immersing ourselves in the vibrant atmosphere of Munich. And what an event it was! Let's dive into the innovations and insights gathered during this exciting week.
AI: The powerhouse of patent search
Artificial intelligence is reshaping the patent search landscape, and this was a resounding theme throughout the conference. It's not just a trend, it's a revolution. Nearly every patent search database vendor demonstrated the integration of AI capabilities into their products, creating a wave of change in the industry. Reminiscent of the electric cars that made headlines, we have witnessed the birth of AI-born patent search companies. The future is here, and it's being driven by smart algorithms!
Startups Riding the Wave
We spotted promising startups that have already caught the attention of venture capitalists in the bustling crowd. Companies like Predori, IPRally, and Amplified are pioneering new approaches and technologies in the patent space. Keep an eye on these trailblazers; they may hold the key to the future of patent services.
The AI Symposium: A Deep Dive into Innovation
At the symposium, there were tons of seminars, each giving us a different view of what's happening in the tech world. Most of the talks were all about AI, showing how much the industry is getting into this game-changing technology. In a super interesting keynote speech, the speaker talked about using AI tools to search for patents. The takeaway? While AI is changing the game, its results are not consistently reliable. The human touch - support, review and validation - remains irreplaceable.
Hot topics pique curiosity
The conference presented a collection of thought-provoking topics, each of which piqued the curiosity of patent professionals. From the use of ChatGPT for patent drafting to the potential of AI in freedom-to-operate analysis, discussions covered many facets of intellectual property. Dive into the future with topics such as AI-powered patent translation, the changing landscape of IP law firms, cost-effective patent filing strategies, and upcoming changes related to the Unified Patent Court (UPC).
In the midst of the intellectual feasting, we also enjoyed a delicious conference dinner at the Augustiner Stammhaus.
In conclusion, IP Service World 2023 was a testament to the exciting changes taking place in the patent universe.
As we embrace the era of AI-driven innovation, let's not forget the indispensable role of human expertise.Together, we're breaking new ground, and the future has never looked more promising.
Until the next videocast (we will talk about latests insights and news from IP Service World 2023), stay curious, stay innovative, and keep patenting! 😊🚀
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WATCH
⏯️ Patent Insights Videocast #11: How do you calculate your patent costs?
Did you watch our last episode that we looked at calculating patent costs for your new applications. We know that patent application process is quite complex and requires too many indicators. That’s why we talked about patent filing paths, possible costs based on different scenarios, and how Patscenario can help you make it easier.
You can watch the videocast here. See you next time!
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📑 READ top 10 global patent news
of the week:
1️⃣ Panasonic’s global SEP battle with Xiaomi and Oppo.
2️⃣ EPO revokes Moderna patent in vaccine dispute with BioNTech.
3️⃣ AbbVie files patent litigation against generic Rinvoq makers.
4️⃣ Caltech Settles $1.1B Patent Fight With Apple.
5️⃣ Lenovo Fights for Transparency in Licensing Negotiations.
6️⃣ Alibaba hit with a patent infringement lawsuit by Japanese NPE.
7️⃣ Are you ready for Patent Knowledge Week 2023?
8️⃣ Did you try EPO’s new AI-based CPC categoriser?
9️⃣ Global Innovation 100 list generated 27% of international filings under PCT.
🔟 Do you know about SMEs Fund 2023?
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