# Hugging Face — XLSCOUT Unveils ParaEmbed 2.0: a Powerful Embedding Model Tailored for Patents and IP with Expert Support from Hugging Face

- Company: Hugging Face (huggingface.co)
- Announced: 2024-06-25T00:00:00+00:00
- Category: model-update
- Subject: Platform
- Models affected: ParaEmbed 2.0, ParaEmbed 1.0
- Source: https://huggingface.co/blog/xlscout-case-study
- Record: https://forck.live/items/1865-xlscout-unveils-paraembed-2-0-a-powerful-embedding-model-tailored-for-patents

XLSCOUT released ParaEmbed 2.0, a proprietary embedding model for patent analysis, developed with Hugging Face's Expert Support Program, achieving a 23% accuracy improvement over ParaEmbed 1.0.

## Evidence

Verbatim from https://huggingface.co/blog/xlscout-case-study:

> XLSCOUT, a Toronto-based leader in the use of AI in intellectual property (IP), has developed a powerful proprietary embedding model called ParaEmbed 2.0 stemming from an ambitious collaboration with Hugging Face’s Expert Support Program.

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