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China increasingly outpacing US in AI patents – Bloomberg | China increasingly outpacing US in AI patents – Bloomberg |
(about 2 hours later) | |
Beijing is pursuing self-reliance in critical tech sectors | Beijing is pursuing self-reliance in critical tech sectors |
China has dramatically increased its lead over the US in AI patent filings, Bloomberg reported on Tuesday, citing data tracked by the World Intellectual Property Organization. | China has dramatically increased its lead over the US in AI patent filings, Bloomberg reported on Tuesday, citing data tracked by the World Intellectual Property Organization. |
Chinese companies and institutions applied for 29,853 AI-related patents in 2022, compared to 29,000 in the previous year. The figure is nearly 80% more than US filings, which amounted to 16,805 over the same period, a year-on-year decline of 5.5% in the country's applications. | |
Japan and South Korea rounded out the 2022 leaders, having applied for 8,870 and 7,899 AI patents respectively. | Japan and South Korea rounded out the 2022 leaders, having applied for 8,870 and 7,899 AI patents respectively. |
According to the data, China has accounted for more than 40% of global AI applications over the past year. | According to the data, China has accounted for more than 40% of global AI applications over the past year. |
Chinese companies have substantially boosted investments in AI and quantum computing after President Xi Jinping urged the nation to accelerate fundamental scientific research. Beijing is aiming to increase self-reliance in crucial areas, including chipmaking, space exploration, and military sciences. | Chinese companies have substantially boosted investments in AI and quantum computing after President Xi Jinping urged the nation to accelerate fundamental scientific research. Beijing is aiming to increase self-reliance in crucial areas, including chipmaking, space exploration, and military sciences. |
The measures were taken amid Washington’s latest efforts to curtail China’s access to advanced technologies. | The measures were taken amid Washington’s latest efforts to curtail China’s access to advanced technologies. |
Chinese multinational technology company Baidu is currently vying with tech giants such as Alibaba Group and Tencent, as well as minor startups, including Baichuan and Zhipu, to create a local response to US rival OpenAI’s groundbreaking generative AI chatbot ChatGPT. | Chinese multinational technology company Baidu is currently vying with tech giants such as Alibaba Group and Tencent, as well as minor startups, including Baichuan and Zhipu, to create a local response to US rival OpenAI’s groundbreaking generative AI chatbot ChatGPT. |
Tech firms from China such as Huawei Technologies have already established a track record of leading innovation in the networking, supercomputing, and image recognition sectors. | Tech firms from China such as Huawei Technologies have already established a track record of leading innovation in the networking, supercomputing, and image recognition sectors. |
The Asian nation has outpaced the US in the number of AI filings since 2017, when Chinese companies deployed algorithms in a wide range of businesses, from online shopping to ride-hailing. | The Asian nation has outpaced the US in the number of AI filings since 2017, when Chinese companies deployed algorithms in a wide range of businesses, from online shopping to ride-hailing. |
For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |
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