Bid value determination
US12248857B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | May 15, 2023 |
| Grant date | Mar 11, 2025 |
| Priority date | — |
| Expiry date | May 15, 2043 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q30/0275
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
One or more computing devices, systems, and/or methods are provided. Shaded bid values may be determined and/or submitted to one or more auction modules for participation in auctions. Auction information including at least one of minimum bid values to win associated with the auctions, sets of features associated with the auctions, the shaded bid values associated with the auctions, unshaded bid values associated with the auctions, etc. may be stored in a database. A machine learning model may be trained using a loss function and/or the auction information to generate a first machine learning model with feature parameters associated with features. A bid request, indicative of a second set of features, may be received. The first machine learning model may be used to determine a shaded bid value for submission based upon one or more first feature parameters, of the feature parameters, associated with the second set of features.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.