Patents by Inventor Michael C. Fu

Michael C. Fu has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20210182953
    Abstract: The present invention relates to systems and methods for optimizing bidding in a business-to-business environment. Initially the observed outcomes for n deals are received, and the belief parameters for these n deals are calculated. The Bayes-greedy price is then calculated and presented to a buyer. The buyer's response is collected and an optimal variance parameter based on the buyer's response is generated. The belief parameters for these n+1 deals are also updated. This process may be repeated for additional deals.
    Type: Application
    Filed: March 2, 2021
    Publication date: June 17, 2021
    Applicant: Vendavo, Inc.
    Inventors: Eric BERGERSON, Megan KURKA, Huashuai QU, Ilya O. RYZHOV, Michael C. FU
  • Patent number: 10937087
    Abstract: The present invention relates to systems and methods for optimizing bidding in a business-to-business environment. Initially the observed outcomes for n deals are received, and the belief parameters for these n deals are calculated. The Bayes-greedy price is then calculated and presented to a buyer. The buyer's response is collected and an optimal variance parameter based on the buyer's response is generated. The belief parameters for these n+1 deals are also updated. This process may be repeated for additional deals.
    Type: Grant
    Filed: September 16, 2019
    Date of Patent: March 2, 2021
    Assignee: VENDAVO, INC.
    Inventors: Eric Bergerson, Megan Kurka, Huashuai Qu, Ilya O. Ryzhov, Michael C. Fu
  • Publication number: 20200013114
    Abstract: The present invention relates to systems and methods for optimizing bidding in a business-to-business environment. Initially the observed outcomes for n deals are received, and the belief parameters for these n deals are calculated. The Bayes-greedy price is then calculated and presented to a buyer. The buyer's response is collected and an optimal variance parameter based on the buyer's response is generated. The belief parameters for these nil deals are also updated. This process may be repeated for additional deals.
    Type: Application
    Filed: September 16, 2019
    Publication date: January 9, 2020
    Applicant: Vendavo, Inc.
    Inventors: Eric BERGERSON, Megan KURKA, Huashuai QU, Ilya O. RYZHOV, Michael C. FU
  • Patent number: 10417699
    Abstract: The present invention relates to systems and methods for optimizing bidding in a business-to-business environment. Initially the observed outcomes for n deals are received, and the belief parameters for these n deals are calculated. The Bayes-greedy price is then calculated and presented to a buyer. The buyer's response is collected and an optimal variance parameter based on the buyer's response is generated. The belief parameters for these n+1 deals are also updated. This process may be repeated for additional deals.
    Type: Grant
    Filed: September 1, 2016
    Date of Patent: September 17, 2019
    Assignee: Vendavo, Inc.
    Inventors: Eric Bergerson, Megan Kurka, Huashuai Qu, Ilya O. Ryzhov, Michael C. Fu
  • Publication number: 20170091858
    Abstract: The present invention relates to systems and methods for optimizing bidding in a business-to-business environment. Initially the observed outcomes for n deals are received, and the belief parameters for these n deals are calculated. The Bayes-greedy price is then calculated and presented to a buyer. The buyer's response is collected and an optimal variance parameter based on the buyer's response is generated. The belief parameters for these n+1 deals are also updated. This process may be repeated for additional deals.
    Type: Application
    Filed: September 1, 2016
    Publication date: March 30, 2017
    Inventors: Eric Bergerson, Megan Kurka, Huashuai Qu, Ilya O. Ryzhov, Michael C. Fu
  • Patent number: 6631351
    Abstract: Talking toys perform simulated conversations with one another. The toys each include a forest of decision graphs. The forest of decision graphs is the same for each toy. Each of the decision graphs corresponds to a conversation and includes a number of nodes, each of which corresponds to a portion of the conversation. The nodes also include one or more contexts which connect the nodes to children nodes. As a result, the selection of the context directs the progression of conversation. The toys select a decision graph/conversation that includes all or most of the toys as participants. The conversation is then performed as the toys traverse the selected decision graph. The toys transfer messages back and forth via a wireless transmission and reception arrangement as they traverse the decision graph. The toys play the portions of the conversation through a speaker.
    Type: Grant
    Filed: September 14, 2000
    Date of Patent: October 7, 2003
    Assignee: Aidentity Matrix
    Inventors: Surya Ramachandran, Anand Kancherlapalli, Michael C. Fu