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This two-part article sheds light on several important aspects of patents on AI technology. In Part One, we provide a general overview of the IBM v. Zillow lawsuit and discusses strategies to diversify patent portfolios to maximize protection on AI-related technology. Part Two will focus on providing insightful tips on claim drafting, informed by the intricacies of claims in IBM's AI patents and advancements in AI technology.
IBM sued Zillow in September 2019, alleging infringement of seven IBM patents directed to artificial intelligence (AI) algorithms for estimating property value. 2:20cv851 (W.D. Wash.) The lawsuit targeted Zillow's Zestimate service, which estimates a house's value using downloaded images of the house and neighborhood. IBM brought the litigation after three years of licensing negotiations broke down between the parties. While the infringement case is still ongoing, the Federal Circuit issued a decision to an intermediate appeal seeking invalidity of several IBM patents. IBM v. Zillow Grp., Inc., 50 F.4th 1371 (Fed. Cir. 2022).
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There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
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