INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

OpenAI loses appeal against EU refusal to register its name as trademark

  • The US firm had sought to overturn a decision by the European Union Intellectual Property Office (EUIPO) that accepted protecting OpenAI's logo but not the name.
  • EUIPO had ruled that the combination of the two common words in English, "open" and "AI", could describe many business activities in the area of artificial intelligence.

Dubai, UAE — OpenAI, the owner of the ChatGPT chatbot, lost Wednesday its appeal against the EU’s refusal to register its name as a trademark.

The US firm had sought to overturn a decision by the European Union Intellectual Property Office (EUIPO) that accepted protecting OpenAI’s logo but not the name.

EUIPO had ruled that the combination of the two common words in English, “open” and “AI”, could describe many business activities in the area of artificial intelligence.

EU regulations do not allow trademarking a brand that simply describes a product or service, as that would mean competitors could no longer use those terms in their advertising.

An exception is allowed for companies that can prove they have used their name for a long time. (WAM)