Amazon (NASDAQ: AMZN), a leader in the e-commerce industry and leader in cloud services with its Amazon Web Services (AWS), is making inroads with artificial intelligence (AI) following the interest of ChatGPT outreaching into the metaverse by filing applications for related trademarks.
The e-commerce giant’s filings with the United States Patent and Trademark Office (USPTO) from February 2 were revealed in a tweet published by non-fungible token (NFT) and metaverse-licensed trademark attorney Michael Kondoudis on February 27.
According to the information shared by the attorney, the trademark filings cover robots featuring AI, robots for surveillance and security, and retail stores for robotic machines featuring AI.
#AMAZON has filed 2 trademark applications for:— Mike Kondoudis (@KondoudisLaw) February 27, 2023
Claiming plans for:
✅ Robots featuring AI
✅ Robots for surveillance + security
✅ Retail stores for …robotic machines featuring AI
…and much more!#IA #ArtificialIntelligence #Trademark #Web3 pic.twitter.com/ITPCnXKexS
In addition to Amazon’s involvement in artificial intelligence technology. Traders are employing machine learning algorithms to anticipate Amazon’s pricing by the end of 2023 and even as far as 2030, thanks to the rising popularity of utilizing AI.
Growth of metaverse trademarks
Meanwhile, major companies across other industries are jumping on the crypto trademarking bandwagon themselves, including payment giant Visa (NYSE: V), multinational automotive corporation Mercedes-Benz, American banking giant JPMorgan (NYSE: JPM), and global Whisky brand Jack Daniels.
According to Kondoudis, the number of trademark applications for the metaverse in 2022 amounted to 5,850, which is an increase of 200% compared to 2021.
This is despite the fact that the rate of new trademark applications for NFTs and related goods and services has continued to slow since March. Notwithstanding this, the year 2022 has recorded 7,746 such applications, which is 260% more than the year before.