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News on Medial
Patent filings surge 24.6% in 2013, Indian inventors prove mettle
Livemint
·
1y ago
Medial
India witnessed a significant growth in patent filings with 83,000 filed in FY2023, representing a 24.6% annual growth rate, the highest in two decades. The report, "Patenting Trends in India," stated that patents granted have doubled to over 100,000 between FY2019 and FY2023. The share of patents filed by Indian residents has also doubled, indicating increased awareness and focus on intellectual rights in the country. Other notable patenting trends include global engagement, sector-specific innovations in healthcare and automation, adoption of IoT technology across industries, advancements in neurotechnology, and healthcare innovations.
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US says AI models can’t hold patents
Arstechnica
·
1y ago
Medial
The United States Patent and Trademark Office (USPTO) has issued guidance clarifying that AI systems cannot be named as inventors on patents. The USPTO states that only natural persons who make significant contributions to the invention can be listed as inventors. The guidance follows similar rulings by US courts regarding copyright ownership by AI models. While the use of AI in the creative process is allowed, significant human input is required for an invention to be patentable. The USPTO is currently seeking public comment on the guidelines.
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Researchers have developed an AI tool that can closely imitate your handwriting style
Business Insider
·
1y ago
Medial
A team of inventors from the Mohamed Bin Zayed University of Artificial Intelligence in Abu Dhabi have been granted a patent for their AI tool that can replicate people's handwriting. The technology utilizes a vision transformer, a type of neural network, to understand and mimic a person's handwriting style. The tool has potential applications for aiding individuals with injuries in writing without a pen, deciphering doctors' illegible handwriting, and even creating personalized advertising. The inventors acknowledge the possibility of misuse and are cautious about its deployment. Currently, the tool can generate text in English and some French, but Arabic poses a greater challenge.
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US patent office confirms AI can’t hold patents
The Verge
·
1y ago
Medial
The US Patent and Trademark Office (USPTO) has released guidance stating that artificial intelligence (AI) systems cannot be listed as inventors in patent applications, but humans utilizing AI tools must disclose their use in the invention process. The USPTO clarified that a person who asks an AI system to create something and oversees it does not qualify as an inventor, though individuals significantly contributing to the conception of an invention by constructing prompts to elicit specific solutions from AI systems can be granted patents. The ruling follows previous court decisions that AI systems cannot be granted copyright.
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How a decade-old patent dispute could upend Uber's business | TechCrunch
TechCrunch
·
2m ago
Medial
A long-standing patent dispute between Carma Technology and Uber could significantly impact Uber's business. Carma alleges Uber infringed on its patents related to ride-sharing technology. The lawsuit seeks a permanent injunction, damages, and future royalties from Uber. Although aware of Carma's patents since 2015, Uber faces challenges in invalidating these claims. For Carma, pursuing this lawsuit comes with high costs, but it's viewed as necessary to protect inventors' rights against larger corporations.
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Mint Explainer: Why has RoC's order against LinkedIn named Satya Nadella
Livemint
·
1y ago
Medial
LinkedIn, Microsoft CEO Satya Nadella, and LinkedIn CEO Ryan Roslansky, among others, have been fined INR 27 lakh by the Registrar of Companies (RoC) for violating the significant beneficial owner (SBO) norms under the Companies Act, 2013. The RoC alleged that LinkedIn had listed US-based LinkedIn Technology Unlimited Co. and LinkedIn Ireland Unlimited Company as beneficial owners of one share in filings made in January this year, in contrast to previous filings. The SBO rules were introduced in 2018 to identify ultimate beneficial ownership in Indian companies. The companies are reviewing the order to determine next steps.
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SpiceJet passenger wins Rs 2 lakh damage for airline losing check-in bag containing his wife’s gold jewellery; Know how this husband won - The Economic Times
Economic Times
·
1m ago
Medial
The Delhi State Consumer Commission ordered SpiceJet to pay Rs 2 lakh to a passenger for losing his checked bag containing valuables in 2013. The airline's policy to compensate with Rs 3,000 was rejected as SpiceJet failed to prove the passenger was informed about the restriction on carrying valuables in checked baggage. The absence of clear terms led to the ruling in favor of the passenger, highlighting obligations under consumer protection laws.
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India now ranks among top six nations globally in 6G patent filings: Mos Telecom
YourStory
·
2m ago
Medial
India is making significant strides in digital infrastructure, ranking among the top six nations globally in 6G patent filings. With over 111 funded research projects and Rs 300 crore allocation, the country is positioning itself as a leader in 6G technology. The shift to 6G, utilizing TeraHertz frequency bands, promises data rates up to 1 terabit per second, potentially adding $1 trillion to India's economy by 2035 and revolutionizing various industries.
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Bill Gates-backed startup cracks Rs 1 Crore deal with Aman Gupta
Inshorts
·
1y ago
Medial
Backed by billionaire Bill Gates, the startup's inventors claim their device could prevent the deaths of thousands of Indian infants, who die each year as a result of inadequate access to healthcare in rural areas. The panel of sharks, which included Aman Gupta, Peyush Bansal, Vineeta Singh, Ritesh Agarwal, and Radhika Gupta, complimented them on their noble cause.
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Ultrahuman’s Ring Under Fire..
Internet
·
1m ago
Medial
Indian healthtech startup Ultrahuman is involved in a patent dispute with Oura, the maker of smart rings. The US International Trade Commission initially ruled that Ultrahuman's Ring Air infringes on several of Oura’s patents. This legal challenge highlights potential issues in the wearable health device market, where patent rights play a critical role. The outcome may impact Ultrahuman's business operations and offer insight into industry patent regulations.
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Will AI help or hurt workers? One 26-year-old found an unexpected answer.
Livemint
·
7m ago
Medial
New MIT research by Aidan Toner-Rodgers explores AI's impact on scientific innovation, revealing promising productivity increases, such as a 44% rise in material discoveries and 39% more patent filings. While AI's potential to drive innovation excites some, concerns exist about its role in widening income inequality, as researchers with advanced skills benefit more. Despite productivity gains, many researchers reported dissatisfaction, feeling AI took away the creative aspects of their work, impacting job satisfaction.
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