Ocean Tomo Industry Report Update -- Intellectual Property Office of Singapore Announces Fast Track for Artificial Intelligence Patent Prosecution
Earlier today, Ocean Tomo Analyst Kevin Bennett released an update to the Ocean Tomo Industry Analyst Report on Artificial Intelligence (AI). The announcement last month from the Intellectual Property Office of Singapore (IPOS) provides important details regarding the commitment to cut the timeline for AI patent issuance from up to 24 months to less than six months.
The rationale for the IPOS patent prosecution change is outlined by their CEO Daren Tang who said, “AI has become one of the biggest drivers of technological and societal change in the world, and it will increasingly underpin Singapore’s drive to build a digital economy.”
Ocean Tomo CEO, James E. Malackowski was not surprised by the announcement, indicating, “Ocean Tomo has met with a number of governmental bodies and IP-focused NGO's throughout Europe and Asia seeking to understand better how their national patent office can facilitate local economic development. As a significant emerging technology, efforts to attract AI investment is likely the first of many such efforts."
The Ocean Tomo AI Report contains important details regarding eligibility as well as patent claim limitations. You can request a copy of the study here.