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Safeguarding Innovation: A Comprehensive Guide For AI Startups On Intellectual Property Compliance In India

Inc42 · 1y ago

Safeguarding Innovation: A Comprehensive Guide For AI Startups On Intellectual Property Compliance In India

There are legal considerations regarding patents and copyrights when it comes to AI. AI algorithms themselves usually cannot be patented, but unique AI applications can be. Copyright law protects software code, databases, and original AI-generated content. Startups should pay attention to grant-back clauses in licensing agreements to ensure they retain ownership of their AI innovations.

Related News

Why wealth management firms need an AI acceptable use policy

Livemint

Livemint · 1m ago

Why wealth management firms need an AI acceptable use policy

Wealth management firms need a comprehensive AI acceptable use policy to mitigate risks related to data privacy, intellectual property, and regulatory compliance. As AI becomes prevalent in business practices, including financial advice and investment advisory, these policies are crucial. A Harvard study indicates 40% of American workers utilize AI for tasks like data analysis and productivity enhancement. Implementing explicit guidelines can help firms navigate AI's integration into daily operations effectively and securely.

Is it time to put your startup on the global stage?

Inc42 · 1y ago

Is it time to put your startup on the global stage?

The article discusses the legal considerations and complexities involved in expanding a startup globally. It highlights the importance of understanding intellectual property protection, investment regulations, data protection and policy, labor law compliance, tax obligations, and considering acquisition opportunities and joint ventures. It emphasizes the need for startups to have a meticulous understanding of legal frameworks and compliance requirements to thrive in global markets and mitigate risks.

Andhra govt signs pact to boost startup ecosystem, entrepreneurial skills

Economic Times

Economic Times · 2m ago

Andhra govt signs pact to boost startup ecosystem, entrepreneurial skills

The Andhra Pradesh government, in collaboration with Cyient Foundation and the All India Council for Technical Education (AICTE), has signed an agreement to enhance the startup ecosystem and entrepreneurial skills in the state. The initiative, including innovation clusters starting in Visakhapatnam, aims to promote startups, entrepreneurship, and intellectual property in academic institutions. The project involves the Andhra Pradesh State Skill Development Corporation (APSSDC) and includes setting up IPR cells, boot camps, and mentorship programs to nurture innovation.

India US trade - India remains one of the world’s most challenging major economies for protection and enforcement of IP, says USTR - India remains one of the world’s most challenging major economies for protection and enforcement of IP, says USTR BusinessToday

Business Today

Business Today · 4m ago

India US trade - India remains one of the world’s most challenging major economies for protection and enforcement of IP, says USTR - India remains one of the world’s most challenging major economies for protection and enforcement of IP, says USTR BusinessToday

The United States Trade Representative (USTR) has placed India on its 'Priority Watch List' for 2025, highlighting it as one of the most challenging major economies regarding intellectual property (IP) protection and enforcement. The 2025 Special 301 Report indicates that despite efforts and increased US engagement, many longstanding IP concerns in India remain unresolved, showcasing areas where India must improve to ensure better compliance with global IP standards.

AI Models Seeking Govt Funding Must Address Sector Specific Problems: MeitY's Abhishek Singh

OutlookIndia

OutlookIndia · 6m ago

AI Models Seeking Govt Funding Must Address Sector Specific Problems: MeitY's Abhishek Singh

The Indian government's IndiaAI Mission is inviting AI model proposals from startups, researchers, and entrepreneurs that tackle cross-sectoral problems. Abhishek Singh, Additional Secretary at the Ministry of Electronics & Information Technology, emphasized that models should be based on datasets trained in the Indian context. Proposals will be evaluated based on problem-solving approaches, sustainability, and must consolidate teams for final submissions. Intellectual property rights will remain with model developers, fostering an India-centric foundational AI model.

Piyush Goyal launches AI tool to expedite trademark clearance process | Mint

Livemint

Livemint · 11m ago

Piyush Goyal launches AI tool to expedite trademark clearance process | Mint

Union Commerce and Industry Minister Piyush Goyal has launched an artificial intelligence (AI) and machine learning (ML) search tool to expedite the processing of trademark applications. Goyal stated that the adoption of AI would enhance efficiency and promote ease of doing business. The AI/ML search tool aims to accurately and swiftly clear trademark applications. Additionally, Goyal mentioned that the tool, along with an intellectual property chatbot, will strengthen the country's intellectual property rights ecosystem. Goyal had previously launched the Bharat Startup Knowledge Access Registry initiative to foster collaboration, knowledge sharing, and innovation in India's startup ecosystem.

Harnessing Free-to-Use Intellectual Property For Business Growth

Inc42 · 1y ago

Harnessing Free-to-Use Intellectual Property For Business Growth

In the fiscal year 2023, over 41,000 patents were granted in India, a significant increase compared to a decade ago. Despite this, India's share of global patents remains low at just over 2%. Many unpatented innovations are free to use in India, as patent holders cannot enforce their rights domestically. Leveraging this free-to-use intellectual property can provide valuable insights and innovation opportunities. Companies can access patent information, implement new features, improve products, and stay ahead of the competition. Utilizing free technologies can also foster an intellectual property culture and drive business growth.

Google will shield AI users from copyright challenges, within limits

Arstechnica

Arstechnica · 1y ago

Google will shield AI users from copyright challenges, within limits

Google plans to protect users of its generative AI systems on Google Cloud and Workspace platforms against claims of intellectual property violation. The policy covers the use of copyrighted works for training AI as well as the output generated by the systems. Google's indemnification includes content created with tools like Vertex AI and Duet AI used in Google Workspace and Cloud. The company will assume responsibility for legal risks related to training data use and also indemnify users against claims that content generated by the AI systems violates intellectual property rights, except for intentional infringement.

India finalises electronics components scheme as it eyes major export growth

Economic Times

Economic Times · 4m ago

India finalises electronics components scheme as it eyes major export growth

India's electronics ecosystem is advancing with the completion of guidelines for an electronics components manufacturing scheme. The initiative focuses on producing components like printed circuit boards (PCBs) and camera modules locally, with a goal of exporting to countries like Japan. Emphasizing intellectual property and design capabilities, India aims to create a comprehensive manufacturing environment for electronics, targeting exports of $500 billion by 2030-31. The industry remains resilient amidst global trade uncertainties, like US tariffs.

Disney Just Threw a Punch in a Major AI Fight

Wired · 2m ago

Disney Just Threw a Punch in a Major AI Fight

Disney and Universal are suing AI startup Midjourney for allegedly reproducing their copyrighted content in what they call a “bottomless pit of plagiarism.” The lawsuit highlights tensions between AI tech and intellectual property. Midjourney's new video generation tool is also under scrutiny for generating videos with copyrighted characters, showing ongoing conflicts in the use of copyrighted material in AI models. The case may influence future legal frameworks around AI and intellectual property.

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