Non-listed firms take up nearly 70% of financial AI patent application: report

Nearly 7 out of 10 patent applications filed in South Korea for investment-related artificial intelligence came from non-listed companies and startups, a report showed Tuesday, suggesting venture firms are leading the AI transformation in the finance sector. According to a report from the Korea Capital Market Institute, 67 percent of patent applications for financial investment-related AI were filed by local Software as a Service, or SaaS, companies. Of them, 76 percent were designed to be sold

By The Korea Herald