Amplified AI was built for simpler and more effective patent searches. The company, which is led by Founders Sam Davis, CEO, Chris Grainger, CTO, and Yasu Oikawa, COO, uses AI to make high-quality prior art fast and easy. Davis felt the patent system was overloaded with information and specialized patent searches were becoming a bottleneck for the whole system. He also saw the lack of certainty in search results diverting time, money, and attention away from innovation.
With these pain-points in mind, Amplified was created. With its collaborative AI platform, you are able to instantly find, share, and discuss relevant information with your team while naturally building up an intelligent inventory of ideas and patents in your organization. The company’s AI can read more than 140 million patents, so that you don’t have to — allowing you to focus on your work, without having to think through complex queries and read distracting noise.
PERFECTING PATENT SEARCHES
In today’s patent searches, there is too much information scattered across too many places and the result is that no one can make sense of it all. Take prior art, for example. Building and using strategically valuable patent portfolios starts with knowing the prior art. But decisions get made every day with limited or no information because searching patents is difficult, slow and expensive. Managing portfolios is no different. Amplified uses AI to make finding the right information easier, reduce mistakes due to missing information, and get clearer insights into data sets that are too big to read one-by-one.
Amplified works with companies ranging from startups to Fortune 500s as well as law firms, universities, and even patent offices. Some of Amplified’s notable clients include Ricoh, Unicharm, and a leading European automotive company. Despite the variation in size, Amplified’s customers are similar in that they take a strategic view of patent assets. They know budgets are fixed and want to make data-driven decisions to maximize value as they build and manage portfolios. Amplified’s customers typically want to bring R&D and IP closer together by creating more IP awareness in R&D as well as helping IP align more closely with a company’s entire business and technology strategy.
TECHNICAL INTELLIGENCE THE AI WAY
Amplified is more accurate and comprehensive because their system matches similar concepts based on reading the entire text, not just specific keywords. Amplified has built its own AI from the ground up using deep learning to model the knowledge in patents on a massive scale. Unlike most systems — which can only sample some of the words — Amplified’s AI reads entire patents to actually learn their content. You can intuitively search on what patents mean, not just what they say without needing complex queries. And you’ll find things that a keyword — or a person — might overlook.
Amplified reduces the time needed to comprehensively identify relevant, useful patents by orders of magnitude. To confirm reliability, they tested 4.5 million known relevant patents found by expert searchers across 1.5 million filings. To determine if they could find results missed by human search, they also tested against prior art that was not found during examination and successfully used to later overturn an already granted patent. In both cases, Amplified found prior art as well as the expert search and, in the case of the opposition and challenges, better. Amplified delivers on their AI results.
The platform provides an intuitive interface that allows you to interact with the AI so you can literally find anything. And the AI will sort, but never exclude results. Each project keeps track of the patents you’ve read and saved so you’ve always got a history.
PROTECTING INNOVATION IS PARAMOUNT
Amplified joined in September 2018, and believes in LOT’s mission. Patents are important drivers of innovation, especially when the system is working as intended. Ideally the best innovation should always win, but in today’s information-saturated world, sometimes it’s the bigger, legal budget that comes out on top.
“The patent system today, overburdened with information, is a hidden tax on innovation,” said Davis. “Radically reducing the challenges of finding prior art is our first step towards removing that burden. Additionally, as an innovative company, we want to avoid the headaches that patent assertion entities (PAEs) can have on the work we’re doing — and equally we want to offer immunization from the threat of patent litigation to our entire ecosystem. Joining LOT Network was a win-win for us and for our entire business landscape.”
Today AI for language is a rapidly evolving field and Amplified is right on the bleeding edge of it. Their second generation AI model, released in late 2020, was already beating previous machine learning state-of-the-art results and comparable to human quality. Recently the company released a third generation that yields an impressive 40% improvement over the last one. You can learn more about how Amplified is helping patent searches by visiting www.amplified.ai.