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OpenText Among First Canadian Companies to Join OECD Global Safe AI Reporting Framework

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OpenText (NASDAQ/TSX: OTEX) has joined the OECD Hiroshima AI Process (HAIP) Reporting Framework, aligning with the G7 voluntary code of conduct for safe advanced AI. The company manages human, machine and transactional data for over 120,000 organizations, supporting trusted, enterprise-grade agentic AI deployment.

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News Market Reaction – OTEX

+2.27%
+2.27% Session close to close

In the May 29 session, OTEX gained 2.27%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights OpenText’s participation in the OECD’s Hiroshima AI Process Reporting F...
Analysis

This announcement highlights OpenText’s participation in the OECD’s Hiroshima AI Process Reporting Framework, tying its enterprise AI capabilities to global governance standards. The company emphasizes its data foundation, serving more than 120,000 organizations in 180 countries and handling over $15 trillion (CAD) in annual B2B commerce. Historically, AI-tagged news has driven modest average moves of 0.9%, suggesting investors may watch how such governance initiatives translate into product adoption and financial results.

Key Figures

Customer count: more than 120,000 enterprises and governments Country footprint: 180 countries Annual B2B commerce: more than $15 trillion (CAD) +2 more
5 metrics
Customer count more than 120,000 enterprises and governments Organizations using OpenText data management
Country footprint 180 countries Global reach of OpenText customers
Annual B2B commerce more than $15 trillion (CAD) B2B commerce flowing through OpenText Business Network
Trading partners more than one million Trading partners across B2B and supply chain network
Operating history 35 years Duration of OpenText’s data foundation building

Previous AI Reports

5 past events · Latest: Apr 13 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Apr 13 AI cloud expansion Positive +5.8% AI and data solutions added to AWS European Sovereign Cloud for EU clients.
Nov 18 AI platform launch Positive +0.6% Launch of OpenText AI Data Platform and 18‑month roadmap for Aviator agents.
Nov 13 AI adoption report Neutral -1.6% World Quality Report 2025 on GenAI adoption and scaling barriers in QA.
Oct 27 AI insurance tools Positive +0.1% New AI-enabled Content Cloud solutions for Guidewire insurance workflows.
Oct 23 AI cyber survey Neutral -0.4% Global ransomware survey highlighting rising AI-driven threats and preparedness gaps.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

AI-tagged news has historically produced modest stock moves, with an average 0.9% 24h reaction and generally aligned, low-volatility responses.

Recent Company History

Over the past year, OpenText’s AI-related announcements have ranged from new cloud deployments to survey insights and industry partnerships. Notable events include AWS European Sovereign Cloud availability on Apr 13, 2026 with a 5.8% move, and the OpenText AI Data Platform unveiling on Nov 18, 2025. Survey and ransomware reports in late 2025 showed smaller reactions between -1.55% and 0.08%. Overall, AI news has driven steady but moderate share responses.

Key Terms

AI
1 terms
AI technical
"a global leader in data management for enterprise AI, today joined the OECD's"
Artificial intelligence (AI) is technology that enables machines to mimic human thinking and learning, allowing them to analyze information, recognize patterns, and make decisions. For investors, AI matters because it can improve how businesses operate, create new products, or identify opportunities faster and more accurately than humans alone, potentially impacting company success and market trends.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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WATERLOO, ON, May 29, 2026 /PRNewswire/ -- OpenText™ (NASDAQ/TSX: OTEX), a global leader in data management for enterprise AI, today joined the OECD's Hiroshima AI Process (HAIP) Reporting Framework, the international mechanism where organizations demonstrate alignment with the G7's voluntary code of conduct for the safe development and deployment of advanced AI.

OpenText

"Trust in AI begins with the data underneath the model and how it is governed, protected and contextualized," said Ayman Antoun, Chief Executive Officer of OpenText. "OpenText has been building that foundation for 35 years. Our participation in HAIP is a natural extension of that commitment and ensures the emerging global framework reflects the realities of enterprise-grade agentic AI deployment."

The move positions OpenText, steward of human, machine and transactional data for more than 120,000 enterprises and governments in 180 countries, as an active participant in ensuring agentic AI can be trusted and drive measurable value for public and private sectors alike. More than $15 trillion (CAD) in annual B2B commerce flows through OpenText's Business Network, and the company manages the unstructured content and machine-generated operational data that regulated enterprises run on every day, giving it a data foundation of exceptional breadth to bring to the global policy conversation.

The Data Foundation for Trustworthy AI
OpenText manages the three data domains critical to enterprise AI: human data, the unstructured content, documents and records that capture organizational knowledge; machine data, operational and system-generated information from IT service management, cybersecurity and supply chain platforms; and transaction data, B2B trade flows and supply chain events across more than one million trading partners worldwide. OpenText Aviator AI solutions are embedded across this governed ecosystem, applying enterprise-grade security, compliance controls and data lineage to every AI interaction, directly supporting the transparency and accountability principles HAIP is designed to advance.

"We are client zero for our own products and AI, so we know firsthand that trusted agentic AI starts with data governance. Before any AI deployment, the first question we ask is how the data is governed, secured and controlled. That is exactly the discipline HAIP codifies, and why joining this framework was the right next step for OpenText and the clients we serve worldwide," said Shannon Bell, Executive Vice President, Chief Digital Officer and CIO, OpenText.

Building on Canada's Leadership in Responsible AI
OpenText was among the first signatories to Canada's Voluntary Code of Conduct on the Responsible Development and Management of Advanced Generative AI Systems. Its HAIP participation connects that domestic commitment to G7-wide norms, reinforcing Canada's position as a global AI leader and OpenText's role in advancing responsible AI governance internationally.

About OpenText
OpenText™ is a global leader in data management for enterprise AI, helping organizations protect, govern, and activate their data with confidence. Learn more at www.opentext.com.

Cautionary Statement Regarding Forward-Looking Statements
Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Further, readers should note that we may announce information using our website, press releases, securities law filings, public conference calls, webcasts and the social media channels identified on the Investors section of our website (https://investors.opentext.com). Such social media channels may include the Company's or our executive's blog, X, formerly known as Twitter, account or LinkedIn account. The information posted through such channels may be material. Accordingly, readers should monitor such channels in addition to our other forms of communication.

Copyright © 2026 OpenText. All Rights Reserved. Trademarks owned by OpenText. One or more patents may cover our product(s). For more information, please visit https://www.opentext.com/patents.

OTEX

 

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SOURCE Open Text Corporation

FAQ

What did OpenText (OTEX) announce about the OECD Global Safe AI Reporting Framework on May 29, 2026?

OpenText announced it has joined the OECD Hiroshima AI Process (HAIP) Reporting Framework, aligning with the G7 voluntary code for safe advanced AI. According to OpenText, this supports transparency and accountability in enterprise-grade agentic AI deployments.

How does OpenText (OTEX) support trustworthy enterprise AI through data management?

OpenText supports trustworthy AI by managing three key data domains: human, machine and transactional data. According to OpenText, its governed ecosystem includes unstructured content, operational machine data and global B2B transaction flows used to underpin secure, compliant AI solutions.

Why is OpenText joining the OECD HAIP framework important for AI governance?

Joining HAIP allows OpenText to help align enterprise AI practices with G7 safe AI principles. According to OpenText, its experience governing data for more than 120,000 organizations gives it a broad foundation to contribute to global AI policy and reporting standards.

What role does OpenText Aviator AI play in OpenText’s safe AI strategy?

OpenText Aviator AI is embedded across the company’s governed data ecosystem to add security, compliance and data lineage to AI interactions. According to OpenText, this design directly supports HAIP principles of transparency, accountability and safe deployment of agentic AI.

How large is the data and commerce ecosystem OpenText (OTEX) brings to the HAIP framework?

OpenText reports that more than $15 trillion CAD in annual B2B commerce flows through its Business Network. According to the company, it also manages operational and unstructured data for over 120,000 enterprises and governments in 180 countries.

How does OpenText’s HAIP participation build on Canada’s AI leadership?

OpenText was an early signatory to Canada’s Voluntary Code of Conduct for responsible generative AI. According to OpenText, joining HAIP connects that domestic commitment to G7-wide norms, reinforcing Canada’s and OpenText’s roles in responsible AI governance.