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China Ranks First In The World In AI Patents

More patents related to generative artificial intelligence have been filed by China every year since 2017 than by the rest of the world, the World Intellectual Property Organization (WIPO) reported to the United Nations in Geneva, DPA reported. Examples include artificial intelligence applications such as ChatGPT or Gemini .

KEY FACTS

  • According to WIPO, Chinese companies and institutes registered over 38,000 patents in the field of generative AI in the 10 years to 2023.
  • Far behind is the US with 6,300, followed by South Korea, Japan and India. Britain is in fifth place with 714, closely followed by Germany with 708, which WIPO says has registered more patents than the UK in recent years.
  • The increase in patent applications worldwide also shows that the sector is booming. According to WIPO, there were a total of 54,000 patent applications in the field of generative AI between 2014 and 2023, but over a quarter of those were filed in the past year alone.

KEY QUOTE

“Generative AI has emerged as a game-changing technology with the potential to transform the way we work, live and play,” said WIPO Director General Darren Tang.

Tesla’s Growth Trajectory Falters Amid Modest Q1 Deliveries

Tesla’s Delivery Numbers Under Pressure

Tesla launched lower-priced versions of Model Y and Model 3 at $39,990 and $36,990 after ранее announced plans to expand its affordable EV lineup. Early data indicate the new pricing has not materially increased overall deliveries.

Production Over Sales: The Q1 Figures

Tesla delivered 358,023 vehicles globally in the first quarter, below analyst expectations of around 368,000 units. Production reached 408,386 vehicles, exceeding deliveries and adding to inventory. Year-on-year, deliveries increased by 6% compared to Q1 of the previous year, which had been affected by production line adjustments. The latest figures suggest limited improvement in demand despite higher output.

An Industry Facing Growing Headwinds

Performance at Tesla reflects broader trends across the U.S. electric vehicle market. Several traditional automakers have reduced EV expansion plans, while newer entrants continue to scale gradually. Rivian reported steady shipment levels and is preparing to launch the R2 SUV, with entry-level models expected by 2027.

Strategic Shifts And Future Prospects

Tesla shifted focus away from a previously discussed $25,000 EV toward projects such as CyberCab and existing models. Elon Musk has prioritised autonomous and platform development over lower-cost mass-market vehicles. Cybertruck remains the only recent new model, while sales across other models show slower momentum compared to earlier growth periods.

Looking Ahead

Tesla now faces the dual challenge of revitalizing its growth trajectory and addressing the competitive pressures that have gripped the entire electric vehicle market. With both sales and profits under scrutiny, the coming quarters will be critical for Tesla in demonstrating that its ambitious promises can translate into sustainable results.

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