China extends lead over US in AI patent filings
The increase in parents underscores the Asian nation’s determination to shape and influence a technology that could have broad implications for the world’s richest economies
China has increased its lead over the US in terms of AI patent filed, according to new data.
Chinese institutions applied for 29,853 AI-related patents in 2022, climbing from 29,000 in the prior year, figures provided to Bloomberg News show. That’s almost 80 per cent more than US filings, which shrank 5.5 per cent over the same period.
Overall, China accounted for more than 40 per cent of global AI applications over the past year, ...