Alice Corproration Pty. Ltd v. CLS Bank International, et al.

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In a unanimous decision issued on June 19, 2014, the U.S. Supreme Court held that the patent claims in Alice Corporation Pty. Ltd v. CLS Bank International, et al. (“Alice Corp”) are not patent-eligible under 35 U.S.C. §101. The patents at issue comprise a chain of patents made up of a parent namely, 5,970,479 (‘479) and several CIPs (continuation-in-part). The family of patents is directed toward “Methods and Apparatus Relating to the Formulation and Trading of Risk Management Contracts.” Specifically, the patents disclose a scheme for mitigating “settlement risk,” in which a computer system is used as a third-party intermediary between...

21 September

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Artificial Intelligence (AI): An Over View

Posted by coffylawpro

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Artificial intelligence (AI), a branch of Computer Science, is a constellation of technologies generally grouping two (2) main technical fields namely, symbolic learning (SL) and machine learning (ML). Artificial Advances in hardware enable AI implementation. Such advances will likely facilitate innovation and thereby expand the field of AI. AI attempts to mimic human intelligence. For example, a human navigates the outside world moving from place to place and all the while making decision by using sensory data like sounds recorded by the ears, image and symbols captured by the eyes, temperature sensed by the skin and smell perceived by the nose....

September 2021

Alice Corproration Pty. Ltd v. CLS Bank International, et al.

Artificial Intelligence (AI): An Over View