Welcome to our dedicated page for Veritone news (Ticker: $VERI), a resource for investors and traders seeking the latest updates and insights on Veritone stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Veritone's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Veritone's position in the market.
Veritone reported total revenue of $31.6 million for Q1 2024, exceeding guidance. ARR of $72.1 million, with 67% from subscription-based customers. New bookings of $13.0 million. Restructuring led to over $13.0 million in annualized savings.
Veritone, Inc. (NASDAQ: VERI) has launched an AI consulting and services group to assist in the implementation of AI technologies. The company has achieved AWS Advanced Tier Services Partner status within the AWS Partner Network by meeting technical requirements and demonstrating expertise. Veritone aims to empower businesses through custom AI strategy development, workflow solutions, and innovation workshops, facilitating digital transformation and AI activation.
Veritone, Inc. (VERI) and OPEXUS partner to offer AI solutions to a major national Canadian bank, enhancing data privacy workflows and compliance with regulations. Veritone's Redact solution uses machine learning to redact sensitive information in audio and video data, reducing redaction times by up to 90%. The partnership aims to improve data security, regulatory compliance, and trust in financial services.