Saturday - December 13, 2025
Fed: Artificial Intelligence Innovation by Financial Innovators - Evidence From U.S. Patents
December 13, 2025
WASHINGTON, Dec. 13 (TNSres) -- The Federal Reserve issued the following white paper abstract (No. 2025-104) on Dec. 12, 2025, by Jean Xiao Timmerman entitled "Artificial Intelligence Innovation by Financial Innovators: Evidence from US Patents."

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Abstract:

This paper examines the evolution of artificial intelligence (AI) patent rates (i.e., the number of AI patents/number of firms of the same type) and concentration metrics (i.e., the Herfin . . .

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