What is Global GenAI?
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GenAI, or Generative AI, allows users to create content including text, images, music or software code, powering a range of industrial and consumer products, including chatbots such as ChatGPT, Google Gemini or Baidu’s ERNIE.According to the Patent Landscape Report,GenAI patents currently represent 6 per cent of all AI patents globally.The top ten applicants include Tencent (2,074 inventions), Ping An Insurance (1,564), Baidu (1,234), Chinese Academy of Sciences (607), IBM (601), Alibaba Group (571), Samsung Electronics (468), Alphabet (443), ByteDance (418), and Microsoft (377). In terms of location, China (38,210 inventions) led the field, far outpacing US (6,276 inventions), Republic of Korea (4,155), Japan (3,409) and India (1,350). Image and video data dominated GenAI patents (17,996 inventions), followed by text (13,494) and speech or music (13,480).GenAI patents using molecule, gene and protein-based data grew rapidly (1,494 inventions since 2014) with 78 per cent average annual growth over the past five years.