FiscalNote Selected by OpenAI for Collaboration As Inaugural Launch Partner for OpenAI’s ChatGPT Plug-in
March 23 2023 - 01:01PM
Business Wire
As OpenAI’s Only Launch Partner in the
Legal, Political, and Regulatory Domain, FiscalNote Extends its
Leadership in the Application of AI to Laws and Regulations
FiscalNote Holdings, Inc. (NYSE: NOTE) ("FiscalNote"), a leading
AI-driven enterprise SaaS technology provider of global policy and
market intelligence, today announced it has been selected as one of
14 inaugural “trusted partners” – and the sole provider of legal,
political, and regulatory data and information – to collaborate
with AI research and deployment company OpenAI by enabling access
to select FiscalNote market leading real-time data sets and content
for users of OpenAI’s ChatGPT platform. The collaboration is
testament to FiscalNote’s decade of aggregating and training models
in the legal and political domain.
OpenAI is introducing a protocol for selected and trusted
developers, all leaders in their respective fields, that enables
them to use designated APIs to connect their applications.
FiscalNote is collaborating with OpenAI as the sole provider in the
political, legal, and regulatory domain, joining a group of global
brands who are leaders in other industry verticals that include
Airbnb, Expedia, Instacart, KAYAK, OpenTable, Shopify, Slack, and
Stripe.
By leveraging this development relationship with OpenAI,
FiscalNote will expose certain data and information, determined by
FiscalNote, to OpenAI’s user base and thereby gain further insights
into how users may desire to leverage generative models to
understand political and regulatory information in the future. This
expanded user interaction will help create a flywheel to drive
future product development for FiscalNote’s domain specific models,
enhance accuracy and relevancy for its customers, and enable the
company to swiftly extend its leadership in the application of AI
and large language models related to these specialized data sets.
We believe the combination of generalized foundation models with
FiscalNote's domain-specific models will create defensible insights
that will further enable the company to efficiently optimize its
own models and data collection efforts while building novel
applications and user experiences that enhance efficiency for
FiscalNote customers.
“Since we founded FiscalNote a decade ago, the company has been
an early adopter and pioneer of AI, uniquely applying it to the
political and legal domain, and building a specialized expertise
that has made us the unparalleled leader in this space,” said
FiscalNote Chairman, CEO, and Co-founder Tim Hwang. “We’re excited
to collaborate with OpenAI and, as the market leader in legal and
regulatory intelligence, we intend to continue to always be at the
forefront as technological capabilities continue to advance. We
believe this is the beginning of an innovative collaboration with a
fellow AI pioneer, and we intend to continue to push the bounds of
what is possible as we use this cutting-edge technology to deliver
results for our global customers and advance their business
objectives.”
“AI has always been a cornerstone of FiscalNote’s vision from
day one to augment the value of unstructured data and create
insights that produce impactful results for our customers, which is
why we built machine learning-powered capabilities into the very
first iterations of our products,” said Dr. Vlad Eidelman, Chief
Scientist and Chief Technology Officer, FiscalNote. “We see the
huge potential for incorporating generative AI in aspects of how
political and regulatory analysis is consumed, and we’re excited
about this special opportunity to power new types of interactions
with our political data.”
To read more about the FiscalNote-OpenAI collaboration and the
new plug-in protocol, read OpenAI’s blog post here.
About FiscalNote
FiscalNote (NYSE: NOTE) is a leading technology provider of
global policy and market intelligence. By uniquely combining AI
technology, actionable data, and expert and peer insights,
FiscalNote empowers customers to manage policy, address regulatory
developments, and mitigate global risk. Since 2013, FiscalNote has
pioneered technology that delivers mission-critical insights and
the tools to turn them into action. Home to CQ, FrontierView,
Oxford Analytica, VoterVoice, and many other industry-leading
brands, FiscalNote serves approximately 5,000 customers worldwide
with global offices in North America, Europe, Asia, and Australia.
To learn more about FiscalNote and its family of brands, visit
FiscalNote.com and follow @FiscalNote.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230323005565/en/
Media Nicholas Graham FiscalNote press@fiscalnote.com
Investor Relations Sara Buda FiscalNote
IR@fiscalnote.com
FiscaNote (NYSE:NOTE)
Historical Stock Chart
From Apr 2023 to May 2023
FiscaNote (NYSE:NOTE)
Historical Stock Chart
From May 2022 to May 2023