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Over 80% of Amazon's AI Patents Concentrate on Natural Language Processing Technology
Published: Dec 10,2018Amazon's annual reports between 2012 and 2016 show an upward trend in revenue which rose from US$61.093 billion in 2012 to US$135.987 billion in 2016 with a CAGR (Compound Annual Growth Rate) of 22.1%, according to the Taipei-based government-backed IT research institute MIC (Market Intelligence & Consulting Institute).
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"The analysis of the six core technologies covered by Amazon’s 243 AI patents filed in the US shows that its AI patents mainly concentrate on natural language processing technology, which accounts for 82.7% of its total patent counts," says David Chen, senior industry analyst with MIC.
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