Lyft had four patents in artificial intelligence during Q4 2023. Lyft Inc filed patents for an improved transportation matching system that uses session information to predict transportation requests and match them with providers, as well as an airport priority matching system that dynamically matches providers and priority requesters based on time metrics and ranking orders within airport boundaries. The system reserves provider devices for airport time priority services before receiving requests and selects a provider device from available options to match with a priority requester device upon receiving a time priority airport transportation request. GlobalData’s report on Lyft gives a 360-degreee view of the company including its patenting strategy. Buy the report here.

Lyft grant share with artificial intelligence as a theme is 50% in Q4 2023. Grant share is based on the ratio of number of grants to total number of patents.

Recent Patents

Application: Session-based transportation dispatch (Patent ID: US20230342686A1)

The patent application from Lyft Inc. describes an enhanced transportation matching system that predicts the likelihood of a transportation request based on user interactions with the application. By monitoring user interactions on multiple devices within a geographic region, the system generates a bundled session transportation request likelihood. If this likelihood meets a threshold, an upfront dispatch is initiated to match a provider with the session. The system also predicts the time until a transportation request is received and generates dispatch notifications for providers based on the likelihood.

The computer-implemented method and transportation matching system outlined in the patent application focus on improving the efficiency of transportation services by preemptively matching users with providers based on their interactions with the application. By combining data from multiple user sessions, the system can accurately predict the likelihood of a transportation request and initiate dispatches accordingly. This approach streamlines the matching process, reduces wait times for users, and enhances overall service quality. Additionally, the system's ability to predict the time until a request is received allows for proactive dispatch notifications to providers, further optimizing the transportation matching process.

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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.