Today’s world economy is driven by innovation and digitalisation. Industry 4.0 has arrived, and artificial intelligence (AI) is at the forefront of this development.
With effect from 26 April 2019, the Intellectual Property Office of Singapore will accelerate grants of AI-related patent applications to just six months, which will be the fastest in the world.
The Accelerated Initiative for Artificial Intelligence (AI2) (人工智能专利优先计划) will strongly complement Singapore’s shift to a digital economy, and support innovative enterprises who need to bring their AI products faster to global markets. Now, innovators can expect their AI patents to be granted in as quickly as six months, compared to a typical period of at least two years or more.
AI2 also underscores Singapore’s commitment to nurture and protect high-value innovation such as AI technologies.
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