US Patent Issued to ROYAL BANK OF CANADA on Dec. 30 for "System and method for generative model for stochastic point processes" (Canadian Inventors)

ALEXANDRIA, Va., Dec. 31 -- United States Patent no. 12,511,529, issued on Dec. 30, was assigned to ROYAL BANK OF CANADA (Montreal, Canada).

"System and method for generative model for stochastic point processes" was invented by Nazanin Mehrasa (Vancouver, Canada), Akash Abdu Jyothi (Vancouver, Canada), Thibaut Durand (Vancouver, Canada), Jiawei He (Vancouver, Canada), Gregory Mori (Vancouver, Canada), Mohamed Ahmed (Toronto) and Marcus Brubaker (Toronto).

According to the abstract* released by the U.S. Patent & Trademark Office: "A variational auto-encoder model is trained to generate probabilities of action categories and probabilities of inter-arrival times of next action from a sequence of past actions by generating a concatenated rep...