FiscalNote Announces Generative AI Distribution Partnership With AI Search Engine ProRata.ai to License FiscalNote’s Award-Winning, Trusted Content

Rhea-AI Summary

FiscalNote (NYSE: NOTE) has announced a partnership with ProRata.ai to license select political and policy content from its platforms RollCall.com and Factba.se. ProRata.ai, an AI search engine, will provide attribution and revenue sharing when FiscalNote's content is used to generate answers. The partnership joins other major content providers including The Atlantic, Axel Springer, Fortune, TIME, and Universal Music Group. This agreement expands FiscalNote's AI partnerships beyond existing relationships with OpenAI's ChatGPT, Google Bard, and Microsoft Bing, aiming to increase monetization opportunities and enhance its market presence.

Positive

• New revenue stream through content licensing agreement with ProRata.ai
• Strategic expansion of AI partnerships portfolio beyond ChatGPT, Google Bard, and Microsoft Bing
• Potential for increased market reach and monetization opportunities

Negative

• None.

Insights

Tech Expert

The partnership with ProRata.ai represents a strategic move in content monetization and AI distribution, but its immediate financial impact appears While joining notable publishers like The Atlantic and TIME on the platform, the deal's revenue potential depends heavily on user adoption of ProRata.ai and content usage frequency. Key strategic elements include:

• Content licensing focused on political and policy data from RollCall.com and Factba.se
• Revenue sharing model based on content attribution and usage
• Expansion of FiscalNote's AI partnerships beyond ChatGPT, Bard and Bing

This follows the industry trend of publishers seeking compensation for AI training data, but the actual revenue impact may take time to materialize. The timing aligns well with increasing political content demand ahead of U.S. elections, though ProRata.ai's market penetration remains unproven.

Agreement Provides Attribution and Revenue for In-Demand Political and Policy Content and Data from FiscalNote’s Roll Call and Factba.se

WASHINGTON--(BUSINESS WIRE)-- FiscalNote (NYSE: NOTE), a leading AI-driven enterprise SaaS technology provider of policy and global intelligence, today announced an agreement to license select subsets of its award-winning content to ProRata.ai, an AI search company that attributes and compensates content owners for the use of proprietary content.

Certain political and policy content from FiscalNote’s RollCall.com – including Factba.se, the go-to trusted AI database for historical and current Presidential remarks – will be made available through the ProRata.ai AI search engine, and ProRata.ai will ensure precise attribution and a share of revenue when that content is used to generate answers. In addition to FiscalNote, other leading content providers making their information available through the ProRata platform include The Atlantic, Axel Springer, Fortune, TIME, and Universal Music Group.

“As activity following the U.S. presidential election heats up, we are excited to expand the availability of our valuable and proprietary data and analysis,” said Josh Resnik, President and Chief Operating Officer, FiscalNote. “The trusted, non-biased, award-winning news, data and insights from Roll Call and Factba.se are increasingly unique and essential. By leveraging additional innovative distribution channels like ProRata.ai, we intend to increase the breadth of our reach to continue to drive new opportunities for monetization and further enhance our reputation in this important area.”

FiscalNote previously has announced a number of AI-focused partnerships and initiatives, including relationships with OpenAI’s ChatGPT, Google Bard, and Microsoft Bing. The ProRata.ai partnership is a further expansion of the company’s strategy to take advantage of new technologies and distribution channels, not only to accelerate its own development and use of AI technology to improve customer experiences and outcomes, but to expand its reach and drive new monetization opportunities.

About FiscalNote

FiscalNote (NYSE: NOTE) is a leader in policy and global intelligence. By uniquely combining data, technology, and insights, FiscalNote empowers customers to manage political and business risk. Since 2013, FiscalNote has pioneered technology that delivers critical insights and the tools to turn them into action. Home to CQ, Dragonfly, Oxford Analytica, VoterVoice, and many other industry-leading brands, FiscalNote serves thousands of 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/20241118316704/en/

Media

Nicholas Graham

FiscalNote

press@fiscalnote.com

Investor Relations

Bob Burrows

FiscalNote

IR@fiscalnote.com

Source: FiscalNote

FAQ

What is FiscalNote's (NYSE: NOTE) new AI partnership with ProRata.ai?

FiscalNote has partnered with ProRata.ai to license political and policy content from RollCall.com and Factba.se, receiving attribution and revenue sharing when their content is used to generate answers through ProRata.ai's AI search engine.

What content will FiscalNote (NYSE: NOTE) provide to ProRata.ai?

FiscalNote will provide select political and policy content from RollCall.com, including Factba.se, which is a trusted AI database for historical and current Presidential remarks.

What other AI partnerships does FiscalNote (NYSE: NOTE) currently have?

FiscalNote has existing AI partnerships with OpenAI's ChatGPT, Google Bard, and Microsoft Bing, with ProRata.ai being the latest addition to their AI initiatives.