Let’s talk about patent infringement.
As an innovative business, you and your team have worked smart and hard day and night with amazing results.
Your business is taking off.
You’ve developed a unique, amazing product or process.
No-one else does it better.
Everyone tells you how phenomenal it is.
But it’s not protected.
You’ve been dragging your feet.
Yᴏᴜ ᴋɴᴏᴡ ʏᴏᴜ sʜᴏᴜʟᴅ ᴅᴏ sᴏᴍᴇᴛʜɪɴɢ.
Like those people you see on Shark Tank.
They say they patented their invention.
You pause and wonder:
Should I patent my invention?
Bᴜᴛ sᴛɪʟʟ ʏᴏᴜ ᴅᴇʟᴀʏ.
A patent sounds expensive.
A patent sounds confusing.
That little voice in your head (is it my voice?) tells you it’s a mistake.
You ask yourself: 𝙒𝙃𝘼𝙏 𝙄𝙎 𝙏𝙃𝙀 𝙑𝘼𝙇𝙐𝙀 𝙊𝙁 𝘼 𝙋𝘼𝙏𝙀𝙉𝙏 𝘼𝙉𝙔𝙒𝘼𝙔?
Google Settles With Patent Inventor this Week
Next time that question pops into your head, just remember computer pioneer Joseph Bates, founder of Singular Computing LLC.
He patented his computer architecture.
And that’s why Google settled.
Without patents, how would you prove infringement?
So what happened?
Google, one of the most innovative tech companies of our era, was recently accused of ripping off an inventor’s protected computer chip design.
Singular Computing sued Google in 2019 claiming the search giant stole its technology to boost its machine learning products.
Just before closing arguments were set to begin in the federal trial this week, Google said it had settled this $1.6 billion patent infringement case.
The settlement brought a significant victory for Singular. It also gave a significant win for innovative businesses.
For companies seeking to develop competitive new products, the ability to protect ideas is crucial to their success.
Without the assurance that ideas are secure, they struggle to justify the expense of development and testing.
The news about the Google patent infringement lawsuit proves how important it is to patent your inventions.
For businesses, there’s nothing more terrifying than seeing their invention being ripped off by a larger, more established corporation.
Luckily, there are laws in place to protect original ideas and the people who develop them.
What can businesses learn from Singular’s patent infringement experience?
The most important lesson is the importance of patent protection for protecting your company’s intellectual property.
The Google-Singular lawsuit is a cautionary tale for businesses in the tech industry. It shows how important it is to protect your intellectual property and how easily things can go awry if you don’t.
The settlement is a win for Singular, but it’s also a win for any business that has ever been concerned about protecting their patent rights.
Hopefully, it will serve as a wake-up call for any companies that have been taking these protections lightly, and it will encourage them to take the necessary steps to safeguard their intellectual property.
The tech industry moves quickly, and if businesses want to succeed in this competitive landscape, they must stay vigilant and ensure to protect their ideas.
Want to patent protect your amazing new invention? Don’t delay: reach out to me through our contact page or at meetwithRandi.com.
#patent #google #singular #AIsettlement #inventions
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