Safeguarding Innovation: Navigating Patent Challenges in the Expanding AI Landscape

It is an understatement to say that the Artificial Intelligence (AI) market is large, growing, and increasingly the focus of businesses, technology providers and investors. Leveraging large language model (LLM) machine learning has brought incredible investment, growth, innovation and adoption of AI. The global AI market, valued at over $136 billion in 2022, is projected to grow at a compound annual growth rate (CAGR) of 37.3%, between 2023 to 2030 – when it is estimated to reach approximately $1.7 trillion annually.