Taiwan Semiconductor Manufacturing Co. (TSMC) has overtaken Qualcomm to capture the No. 2 position in patent grants, highlighting its growing influence in technology innovation.
As AI's prominence in the market rises, recent trends show a decline in patent applications specifically related to machine learning, indicating a potential cooling period in AI-related innovations.
Despite persistent issues, the overall number of patents granted has seen a 3.8% increase from the previous year, reaching a total of 324,043 patents.
The USPTO's efforts to hire more examiners appear to be making a difference in addressing the backlog of unexamined applications, although it remains significant.
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