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["The US Trademark Office has denied OpenAI's application to register GPT as a trademark, stating that GPT is a descriptive term commonly associated with AI technology.", "The Trademark Office indicated that consumers have become accustomed to using GPT for software related to AI question-answering technology and do not view GPT as a distinctive identifier.", "OpenAI's rapid development and product launches in the AI field have elevated the company's valuation to $80 billion.", "The company may focus on enhancing the brand image around the GPT series to improve competitiveness and market share."]

The United States Patent and Trademark Office has signed a $70 million contract with Accenture for the AI Patent Search Tool, which encompasses comprehensive system development and maintenance of existing capabilities, as well as new features. The USPTO aims to enhance the modernization of patent examination.