The Key highlight – Chinese Universities are patenting everyones research from AI journals. Not just their own research but everyone else’s research where the researchers did not file for patent protection. The main countries in the world have first to file patent systems and not first to invent.
Panel: Intellectual Property in AI, presented by Fasken
With AI comes a host of questions surrounding intellectual property. How will copyright work in the age of AI? Who owns that intellectual property? What patents are organizations putting in place from a defensive point of view?
Jeffrey Astle, Director & Intellectual Property Counsel, Pratt & Whitney
Paul Gagnon, Legal Counsel, Element AI
Florent Chandelier, CTO, Imagia
Johann Gest, Patent Agent, Fasken
Ami Shah, Managing Director Intellectual Property Finance Group, Fortress Investment Group
Moderator: Jean-Nicolas Delage, Partner, Intellectual Property Group, Fasken
Imagia is scaling up an AI-driven collaborative discovery ecosystem to deliver impactful products and services for personalized healthcare.
Florent Chandelier, Chief Technology Officer
Member, Intellectual Property, Canadian International Council, 10 years in AI + medical imaging
Johann Gest is a patent agent at Fasken. A quote on his company page — “When a patent agent applies creative strategies that are customized to unique client needs, the innovation is valorized, and the return on the R&D investment is maximized”.
Jeffrey Astle discusses patent strategy at aircraft engine company Pratt & Whitney.
Fortress Investment Group is a $50 billion hedge fund. They take patents as collateral. Ami was head of patents at Intel before her work at Fortress.
Patents are a 20-year instrument.
Patents can be used in business for offense or defense in business.
China is taking published research from around the world and filing for patents in first to file jurisdictions.
Ms. Shah is Managing Director at Fortress Investment Group and a partner of Fortress’ IP Investment Group, a $70+ Billion dollar hedge fund providing the U.S.’s first structured patent debt financing platform, providing companies unique access to capital based upon the asset value of their patent portfolios.
Prior to joining Fortress, she was head of Global Wireless, Patents, for Intel Corporation for over 10 years where she oversaw the company’s patent procurement, licensing, transaction and monetization activities for Intel and Intel’s development partners. Before joining Intel, she was an associate in the law firms of Dorsey & Whitney, and Fish & Richardson. Ms. Shah began her career as an Examiner in the United States Patent Office.
Software is not patentable right now in the USA but it could be in a few years.
You need to know the patent landscape.
Put your kitchen sink in a patent and then go from their with more detailed strategies.
There are business processes that need to be rigorous and precise and part of overall legal and business strategies. These processes must be able to react to dynamic and changing conditions.
Have a plan that is economically efficient. There are high costs to filing and acquiring patents.
Large companies tend to cross license but they need to have a sufficient portfolio of patents.
CB Insights shows the surge in AI patents and surge in China AI patent filing
Tractica forecasts the expected growth in AI revenue