Patlytics Raises $14M for Patent Analytics Platform
For decades, patents have been a bone of contention in the technology world, seen by some as a way to protect intellectual property, but by critics as a blunt weapon against innovation. In the age of AI, they are once again getting revisited. New York startup Patlytics has developed an AI-enabled patent analytics platform to help corporations, IP professionals and law firms streamline their patent workflows.
- As companies increasingly rely on AI-powered tools to navigate complex intellectual property landscapes, it raises important questions about the role of human expertise in this process.
- Will the proliferation of automated patent analysis tools like those offered by Patlytics fundamentally alter the nature of innovation and competition in industries such as tech and biopharma?