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ARTICLE · 31 AUGUST 2023

Protecting And Monetizing AI Innovation Has Never Been More Important

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Last month, Elon Musk officially launched the generative Artificial Intelligence (AI) startup, xAI. Tasked with a goal to "understand the true nature of the universe".

United KingdomIntellectual Property
Alex Roy
Alex Roy
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Last month, Elon Musk officially launched the generative Artificial Intelligence (AI) startup, xAI. Tasked with a goal to "understand the true nature of the universe", the team at xAI consists of a number of engineers previously associated with leading actors in the generative AI space, including DeepMind and OpenAI.

This high profile launch of yet another AI startup is further evidence of the ongoing interest in the potential of AI (both technologically and commercially) and the skyrocketing investment the sector has seen. Unsurprisingly in this context, companies are seeking to protect the Intellectual Property (IP) that is rapidly being developed by their AI engineers.

Over the past decade, there has been vast growth in the number of patent applications filed for inventions relating to AI despite there currently being a number of challenges associated with the patentability of such subject matter in some jurisdictions. For example, in Europe, applicants may

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