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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.

Cyprus Registered Unemployment Increases 10.4% Year-On-Year In April

Record Increase In Jobless Figures

Cyprus recorded 8,962 registered unemployed individuals in April 2026, up 10.4% from a year earlier, according to the Cyprus Statistical Service. Data refer to individuals registered at District Labour Offices at the end of the month.

Seasonally Adjusted Data Reveals Trends

Seasonally adjusted unemployment reached 10,585 in April, compared with 10,316 in March. This increase indicates a continued upward movement after adjusting for seasonal hiring patterns.

Year-Over-Year Growth Highlights Escalation

Compared with April 2025, the number of registered unemployed increased by 844 individuals. The change reflects a shift in labor market conditions over the past year.

Sectoral Contributors To The Rise

Increases were recorded across several sectors, including accommodation and food service activities and administrative and support services. Additional pressure came from transportation, as well as professional, scientific and technical activities.

Implications For Economic Policy

This data signals critical challenges for policymakers at the onset of the second quarter. With increasing numbers seeking job opportunities via official channels, strategic, data-driven responses will be essential to mitigate further pressures on the labor market.

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