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Samsung Takes Top Spot in U.S. Patents for Third Year Running while TSMC Rises into Second Place; After Four-Year Falloff, Grants Increase Nearly 4%

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2024 Rankings Showcase Acceleration of R&D Pursuits: Waste Mitigation Inventions Flourished Last Year. Creating Non-Traditional Protein and Manipulating RNA Viruses Also Appear on the Top 10 Fastest Growing Technologies, According to Annual Patent Study by IFI CLAIMS

NEW HAVEN, Conn., Jan. 14, 2025 /PRNewswire/ — After four years of decline, U.S. patent grants headed upward, rising 3.8% from calendar year 2023 to 324,043 and Samsung retained the top spot for the third year in a row, according to IFI CLAIMS Patent Services the world’s most trusted patent data source.

Samsung retained the top spot for the third year in a row and chip maker TSMC stepped into second place

IFI CLAIMS Patent Services is a Digital Science company that compiles and tracks data from the U.S. Patent and Trademark Office (USPTO) and other patent-issuing agencies around the globe. IFI translates its world-leading data into an annual U.S. Top 50 and Top 10 Fastest Growing Technologies patent ranking, providing valuable insights into companies’ R&D activity.

In addition to grants being up, U.S. patent applications were at an all-time high, up 3% from 418,111 in 2023 to 430,625 in 2024, an indicator the overall U.S. innovation economy is stronger than ever.

This year, contract chip maker TSMC stepped into second place, ahead of Qualcomm, which moved down to third—according to IFI’s 2024 U.S. Top 50 Ranking. Apple and Huawei rounded out the top five, all ahead of IBM, which slipped to eighth place. IBM previously held the top spot for 29 consecutive years, but the company adopted a more selective patenting strategy and was unseated by Samsung two years ago.

“It’s good to see patent grants heading in the right direction again,” said Ronald Kratz, CEO of IFI CLAIMS Patent Services. “Grants had been sinking since the start of the pandemic, likely because of the backlog of unexamined patents piling up. The USPTO has been hiring more examiners to deal with the accumulation, so it looks like that’s having a positive effect.” The USPTO backlog grew to 813,000 unexamined applications in 2024, up from 750,000 in 2023. Before COVID, the buildup was 540,000.

Summing Up the U.S. Top 50 Rankings

Samsung stayed on top and managed to grow its patent count year over year, from 6,165 in 2023 to 6,377 in 2024, a rise of 3 percent. In fact, of all patents granted in the U.S. last year, Samsung took nearly 2 percent of the pie. TSMC climbed a rung in the ranking, bringing in 3,989 patents compared to 3,687 in 2023, an improvement of 8 percent. Qualcomm, last year’s previous second place finisher, slipped a notch this year with an 11 percent decline in grants from 3,854 to 3,422. Apple scaled three places, landing in fourth this year. Google also climbed three spots to tenth place. Meanwhile, the much-followed patent stalwart IBM ticked down another four spots in 2024 but remains in the top 10.

The biggest gainers on the Top 50 all hail from Asia: Changxin Memory Technologies (+57 places), Tencent (+54), and LG Energy (+37). As for the so-called Magnificent Seven, the tech companies Alphabet, Amazon, Apple, Microsoft, Meta, Nvidia, and Tesla, which continued their magnificent stock run in 2024, only the first four had enough patents to make the Top 50 and the latter three were conspicuously absent.

U.S. Companies Granted Fewer Patents

Although American companies won the highest number of patents (143,382), the majority of U.S. patents (56%) were earned by firms outside of the U.S.: Japanese companies were awarded 43,364 patents, placing the country in second place, followed by China (28,258), South Korea (24,115), and Germany (14,044). Of the top 10 countries in patents granted, eight saw their numbers tick up. China, by far, rose the most: 32 percent more than 2023; Switzerland saw the second highest surge in growth, up 21 percent. Only the U.S. and Taiwan dropped, by 4 percent and 5 percent respectively.

Fastest Growing Technologies Don’t Go To Waste

IFI’s Top 10 Fastest Growing Technologies ranking is based on patent applications—a better proxy than grants for technologies that are currently progressing because the lag time is significantly shorter.

The fastest growing technology in 2024 is operating or servicing cells, which rose more than 27 percent from 2020-2024, a technology that is related to electrolytic methods. This is the first year this technology has appeared on the list. But the most remarkable aspect of this year’s ranking is that three of the Top 10 are taken up by technologies that seek to diminish waste: reclaiming non-ferrous metals (CAGR 26.2%), recovery of waste materials (CAGR 26.1%), and destroying solid waste (CAGR 17.7%). Clearly, companies inventing in these areas believe there are future profits to be had for innovations that make the world more sustainable. Another technology along the theme of sustainability that is growing quickly: working up protein from non-traditional sources (CAGR: 22.6%), a necessity as the global population grows.  

“Despite all the market’s attention on AI, we saw technologies like machine learning, which underpins artificial intelligence, slope downward,” said Kratz. “But we’re not surprised by that. Those were the fast growers that preceded the present AI bonanza and have been on our list in the years leading up to it. That’s why investors should be paying attention to growing patent classes. It helps them get ahead of the curve.”

To view the report, visit the 2024 Top 10 Fastest Growing Technologies.

Patent activity provides valuable insight into companies’ R&D activity for researchers, analysts, and investors. It speaks to productivity, technological efficiency and IP strategy, and frequently reveals technology trends and the competitive landscape within various industries. Often the true value of a company lies with its intellectual properties, so examining patent assets is a key tool in gauging the intangible assets of publicly traded companies.

To create your own analysis, visit the IFI CLAIMS Live 1000, a free tool which uses data from the top 1000 companies that received patents across multiple countries and patent jurisdictions. The tool shows live data and offers interactive features that allow users to create and sort their own lists using a variety of filters.

About IFI CLAIMS Patent Services 

IFI CLAIMS Patent Services uses proprietary data architecture to produce the industry’s most accurate patent database. The CLAIMS Direct platform allows for the easy integration of applications, other data sets, and analysis software. Headquartered in New Haven, Conn., with a satellite office in Barcelona, Spain, IFI CLAIMS is part of Digital Science, a digital research technology company based in London. For more information, visit www.ificlaims.com and follow IFI on LinkedIn.

About Digital Science

Digital Science is an AI-focused technology company providing innovative solutions to complex challenges faced by researchers, universities, funders, industry and publishers. We work in partnership to advance global research for the benefit of society. Through our brands – Altmetric, Dimensions, Figshare, IFI CLAIMS Patent Services, metaphacts, OntoChem, Overleaf, ReadCube, Scismic, Symplectic, and Writefull – we believe when we solve problems together, we drive progress for all. Visit digital-science.com and follow Digital Science on Bluesky, on X or on LinkedIn.

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SOURCE IFI CLAIMS Patent Services

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Northern Hemisphere Heat Drives Demand for Cooling and Sun-Protection Products on Yiwugo

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YIWU, China, July 24, 2026 /PRNewswire/ — Yiwugo.com, the official website of the Yiwu Commodity Market, is the largest commodity wholesale market in the world. The final whistle may have blown on the World Cup, but the intense heat gripping the Northern Hemisphere shows no sign of letting up. Europe has experienced unusually hot weather this year, sparking not only a surge in demand for air conditioners but also a boom in portable handheld fans. Merchants on Yiwugo say that in previous years, European customers would begin placing orders in March or April and take their time completing their annual procurement. This year, however, the purchasing season has stretched well into summer, with a flood of new buyers coming in, most of them looking for small handheld fans. With customers eager to capitalize on the peak summer season, delivery timelines have also become significantly tighter. Whereas orders in previous years could generally be fulfilled within a month, merchants are now frequently being asked to deliver within about a week, leaving manufacturers scrambling to keep pace with demand.

Lingpan Official Flagship Store has specialized in the production and sales of small fans, insulated cups, and related products for 15 years. This summer, demand from European customers for high-speed small fans has risen sharply, accompanied by urgent delivery requirements. Many customers began requesting shipment just one week after placing their orders, hoping the products would arrive in time for the World Cup and the ongoing heatwave across Europe. One long-standing European customer purchased only five models of small fans from Lingpan last year. Anticipating stronger demand ahead of this summer, the customer expanded the order to 10 models. The first shipment sold out soon after arriving at port, prompting several subsequent repeat orders. European buyers have shown particular interest in high-speed cooling fans and placed great requirements on product quality. So far this year, Lingpan’s fan sales have more than doubled compared with the same period last year, with total purchases reaching approximately RMB 1 million.

Beyond Europe, the owner of Lingpan, Ling Pan pointed out that the Indian market has also undergone significant changes over the past two years. Indian customers are showing great interest in panda-shaped fans, drinking cups, and related products. Procurement volumes among many Indian buyers have increased substantially, with average annual purchases now reaching several hundred thousand yuan.

Unlike European countries grappling with sudden heat waves, Asian markets such as Japan and South Korea, where summers are consistently hot and air conditioners and fans are already everyday essentials, have shown much stronger demand for sun-protection products. From April 1, 2026 to date, sales of sun-protection masks on Yiwugo have increased by 31.6% YoY, while sales of sun-protection face shields surged by 72.42% and sun hats rose by 8.1%.

Chen Jia, a Yiwugo merchant, has engaged in the production and sales of sun-protection masks and sun-protection face shields for eight years. Chen operates the Xiao Zhen and Xiao Mian Sun-Protection Products Workshop in District 4 of the Yiwu International Trade Market. In recent years, the company has customized cooling nylon fabrics for customers in Japan and South Korea. Sun-protection masks and sun-protection face shields made from this material not only offer UPF 50+ protection, but also maintain a more structured shape and are less susceptible to snagging or deformation. Their protective performance remains effective after routine washing, and the products can last for more than five years under normal use.

In 2024, a TV shopping operator from South Korea contacted Xiao Zheng and Xiao Mian through Yiwugo and began placing orders after inspecting the products in person. Over the following two years, the company continued to improve the fitness and design of its sun-protection products. It introduced sun-protection face shields with breathable mesh panels and incorporated soft supports around the nose area to prevent the masks from rubbing against lipstick. These product upgrades have steadily driven up customer ratings on the client’s store. Annual procurement, initially valued at around RMB 300,000, has risen year by year, and the company has since developed into a recognized brand in the local market.

Persistent heat across the Northern Hemisphere has been creating new forms of cross-border consumer demand while enabling Yiwugo merchants to keenly capture shifts in overseas markets. From the strong sales of small portable fans in Europe to the rising demand for functional sun-protection products in Japan and South Korea, the diversity of orders reflects both consumers’ need for relief from extreme heat and the ability of Yiwu manufacturers to strengthen their presence in global markets through product innovation and rapid fulfillment. Faced with a rapidly changing international market, many merchants are continuing to refine product designs, upgrade fabric techniques, and enhance supply efficiency. By leveraging Yiwugo to broaden their export channels, they are keeping pace with overseas consumption trends and capitalizing on the expanding market for cooling and sun-protection products, turning the summer heat into new momentum for cross-border trade.

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SOURCE Yiwugo.com

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Snorkel AI Highlights First Wave of Open Benchmarks Grants Projects

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SAN FRANCISCO, July 24, 2026 /PRNewswire/ — Snorkel AI today highlighted the first group of projects supported through Open Benchmarks Grants, a $3 million commitment to support open-source datasets, benchmarks, and evaluation research.

Launched in February 2026, Open Benchmarks Grants has received hundreds of applications from researchers, labs, and engineers working to address a growing challenge: AI systems are advancing faster than the field’s ability to rigorously measure their performance on realistic, consequential work.

“From complex environments and huge autonomy horizons to rich, sophisticated outputs, these projects tackle some of the field’s hardest evaluation challenges,” said Fred Sala, a member of the Open Benchmarks Grants steering committee and assistant professor at the University of Wisconsin–Madison. “I’m excited to see the broader research community use, validate, and build on them.”

Open Benchmarks Grants provides selected teams with funding, expert data development support, research and engineering collaboration, and platform resources. Supported projects include:

Frontier-Bench (formerly Terminal-Bench 3.0), developed with Laude Institute and the Harbor community, is a harder, more domain-diverse successor to Terminal-Bench 2.1 — built in the open, task by task, under continuous adversarial review.Agents’ Last Exam, developed with UC Berkeley RDI and the RDI Foundation, evaluates agents on long-horizon, economically valuable professional workflows. It spans 55 sub-industries and includes more than 1,500 tasks toward a 5,000-task target, sourced and validated by more than 300 industry experts.OSWorld 2.0, developed with XLANG Lab, evaluates computer-use agents on 108 long-horizon workflows across 31 self-hosted web environments and professional desktop applications.Continual Learning Bench, developed with UC Berkeley SkyLab and the University of Wisconsin–Madison, measures whether agents genuinely improve across sequential, stateful tasks.SlopCode Bench, developed with the University of Wisconsin–Madison, measures how code quality degrades as coding agents repeatedly modify and extend their own solutions.Terminal-Bench 2.1, developed with Stanford University, Laude Institute and the Harbor community, evaluates agents on challenging work in terminal environments. The release corrected 28 tasks and introduced continuous validation.

With support from Open Benchmarks Grants, Terminal-Bench Science is also now in development, extending the Terminal-Bench framework to computational research workflows across the life, physical, earth, and mathematical sciences.

Beyond the grants program, Snorkel led the development of Senior SWE-Bench with the research teams at Princeton University and the University of Wisconsin–Madison. The benchmark evaluates coding agents on senior-level engineering work, including implementing features from realistic instructions, investigating bugs that require runtime analysis, and producing code that follows existing codebase conventions.

Open Benchmarks Grants was established with support from Hugging Face, Prime Intellect, Together AI, Factory, Harbor, and PyTorch. Applications remain open and are reviewed on a rolling basis.

Learn more and apply for a grant at benchmarks.snorkel.ai.

About Snorkel AI
Snorkel AI is the frontier AI data lab, helping teams build the data and environments behind high-performing frontier and agentic AI. We combine technology with research-driven AI data development to create datasets, benchmarks, evals, and custom solutions for real-world AI systems. Founded out of the Stanford AI Lab in 2019, Snorkel works with leading AI labs and enterprises to move from better data to better outcomes. 

media@snorkel.ai

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SOURCE Snorkel AI

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Payzli Vaults to No. 3 on Tampa Bay’s Fast 50, Up From No. 22 in One Year

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Payments technology company, Payzli earns a second consecutive Fast 50 ranking, crediting the climb to accelerating partner and merchant growth on its proprietary technology stack.

TAMPA, Fla., July 24, 2026 /PRNewswire/ — Payzli, the partner-first payments technology company, has been named the No. 3 fastest-growing company in the region on the Tampa Bay Business Journal’s 2026 Fast 50 – a 19-spot climb from its No. 22 debut last year, and the company’s second consecutive year on the list.

The ranking was announced July 23 at the Tampa Bay Business Journal’s Fast 50 event in Tampa, where Co-Founder and Chief Revenue Officer Naim Hamdar accepted the award alongside members of the Payzli team.

Payzli attributed its growth to a compounding effect: a national network of ISOs, agents and ISVs bringing merchants onto a technology platform Payzli built and operated in-house. 

That platform rests on three proprietary pillars:

Payzli Connect: the company’s payment CRM and merchant-and-partner dashboard, giving agents and ISOs daily residuals visibility and giving merchants a single place to run their account.Payzli POS: AI-powered point-of-sale and business software purpose-built for service businesses, including salons, med spas, wellness studios, and independent operators.Payzli Transact: an online payment gateway built on Visa Platform Connect through Payzli’s partnership with Visa Acceptance Solutions.

The Visa Acceptance Solutions partnership is central to how Payzli frames its credibility: rather than assembling a growth story on top of borrowed infrastructure, the company processes on rails backed by one of the most established networks in the industry alongside Fiserv and TSYS – a point that matters to the partners and merchants deciding where to place their volume.

“A second year on this list, and a jump to No. 3, isn’t about one good quarter. It’s about a network deciding to build with us and stay,” said Naim Hamdar, Co-Founder and Chief Revenue Officer of Payzli. “Every rank on this list represents partners we’ve earned and merchants who trust us to run their payments. We built the technology in-house so we could keep the promises the industry usually breaks: nothing hidden, a real person in reach, and daily residual visibility our agents can actually count on. That’s what this ranking measures and it’s why we’re doing it all, for the joy of business.”

“They say nothing in Tampa moves fast except the afternoon thunderstorms, so making the Fast 50 two years running feels pretty good,” said Kapil Pershad, Co-Founder and Chief Technology Officer of Payzli. “In all seriousness, this is a credit to our team and the businesses that trust us to power their growth.”

The Fast 50, produced by the Tampa Bay Business Journal, recognizes the fastest-growing private companies in the Tampa Bay region. Payzli’s return to the list and its move into the top three reflects a merchant-first product suite and a rapidly expanding national partner network across the payments and embedded-finance landscape.

About Payzli

Payzli is an end-to-end payments technology partner that makes accepting payments simpler and affordable for businesses of all sizes and risk levels. Founded in 2020 and headquartered in Tampa, Florida, Payzli brings together in-person processing, an advanced online gateway, AI-powered point of sale, and mobile and contactless payments – backed by its own technology, honest pricing, and dedicated human support. Built partner-first, Payzli equips ISOs, agents, developers, and independent software vendors to grow, with direct integrations to major processing platforms, in-house underwriting, a flexible credit policy, a Visa Acceptance Solutions foundation partnership, and sponsor-bank backing from Esquire Bank, a NASDAQ-listed strategic investor in Payzli. For more information, email partners@payzli.com or visit payzli.com.

Payzli is a registered trademark of United Payment Systems LLC. United Payment Systems LLC is a registered ISO of Esquire Bank (Jericho, NY), Commercial Bank of California (Irvine, CA), and KeyBank, National Association (Cleveland, OH).

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SOURCE Payzli

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