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.
Veritone Inc (VERI) leverages artificial intelligence to transform unstructured data through its aiWARE platform, serving commercial and government sectors worldwide. This news hub provides investors and professionals with essential updates on corporate developments, technological advancements, and strategic initiatives.
Access official press releases and curated analysis covering earnings announcements, product innovations, and strategic partnerships. Our repository enables efficient tracking of VERI's progress in cognitive computing solutions while maintaining compliance with financial disclosure standards.
Key updates include developments in AI-powered media analysis, government contract milestones, and platform enhancements. Regular monitoring of this page offers insights into how Veritone converts multimedia data into actionable intelligence for global enterprises.
Bookmark this page for streamlined access to VERI's latest corporate communications. Combine these updates with market analysis for informed perspective on the company's position within the competitive AI landscape.
Veritone (NASDAQ: VERI) has announced a strategic partnership with Technology North to address public safety redaction backlogs using AI technology. The collaboration will utilize Veritone Redact, an intelligent audio, image, and video evidence redaction software powered by Veritone's aiWARE™ platform.
Technology North, which focuses on creating workplace opportunities for autistic and neurodivergent individuals, will help federal, state, and local law enforcement and judicial agencies process their digital evidence more efficiently. The partnership aims to tackle the growing challenge of managing increasing volumes of video sources and public records requests across the United States and Canada markets.
The initiative combines Veritone's AI solutions with Technology North's specialized workforce to enhance public safety operations while promoting workforce inclusivity in the tech sector.
Veritone (NASDAQ: VERI) has announced that its Board's Compensation Committee has granted an equity award to a new non-executive employee on April 2, 2025. The inducement grant, issued under Nasdaq Listing Rule 5635(c)(4), consists of restricted stock units (RSUs) convertible into 60,000 shares of Veritone's common stock. The RSUs will vest over a four-year period in equal annual installments, contingent on the employee's continued service with the company.
Veritone (NASDAQ: VERI) has achieved 'Awardable' status on the Department of Defense's Tradewinds Solutions Marketplace for its Investigate solution. This AI-powered evidence management system joins Veritone's existing suite of solutions on the marketplace, completing their Intelligent Digital Evidence Management System (iDEMS).
The Investigate platform ingests and processes large datasets from various sources including security systems, cameras, drones, and forensics solutions. Using AI technology, it indexes, transforms, correlates, and analyzes data to provide near real-time actionable insights for investigations. The solution is built on Veritone's aiWARE™ platform, which orchestrates hundreds of cognitive and generative models to process unstructured data.
This integration with the DoD's premier AI procurement marketplace positions Veritone to help public safety agencies improve case clearance rates and streamline digital evidence management more efficiently.
Veritone (NASDAQ: VERI) has secured the prestigious Future's Best of Show Award at the 2025 NAB Show for its Veritone Discovery platform. The award, presented by TV Tech, recognizes the AI-powered media access and analytics platform's innovative capabilities in the broadcast industry.
The platform transforms live and pre-recorded broadcasts into structured, searchable data, enabling users to locate spoken words, faces, logos, objects, and sentiments efficiently. Built on Veritone's aiWARE™ operating system, Discovery features include natural language search capabilities through its Search Assistant feature and real-time sponsorship tracking.
Key functionalities include:
- Quick access to broadcast moments without manual scrubbing
- Natural language search queries for faster results
- Automatic sponsorship tracking for spots and unlogged mentions
- Streamlined airchecks for ad compliance
- Sponsor Intelligence tool for tracking paid and earned mentions
Veritone (NASDAQ: VERI) has announced its participation at NAB 2025, scheduled for April 5-9 in Las Vegas, where it will showcase its AI-powered media management and monetization solutions at booth W1455.
The company will demonstrate several key products including:
- Veritone Data Refinery: A service for content monetization and licensing with over three billion data annotations
- Digital Media Hub: Enhanced with modernized navigation, intelligent search, and AI-powered insights
- Broadcast Content Intelligence: Tools for transforming broadcasts into searchable data
- Global Licenses and Clearances: Connecting media owners with global buyers
Company executives will participate in panel discussions on AI in production and distribution (April 6) and new revenue generation (April 7) at the event.
Veritone (NASDAQ: VERI) has announced its AI solutions and software have been added to Carahsoft Canada's Supply Arrangement for Software as a Service (SaaS) under the Government of Canada Cloud Initiative. This strategic addition enables Carahsoft to deliver Veritone's SaaS solutions, including their AI-powered intelligent digital evidence management system (iDEMS), to Canadian Federal agencies.
The arrangement includes Veritone's aiWARE platform, an AI operating system that orchestrates cognitive and generative models in a cloud-based solution. Available solutions under the arrangement include Illuminate, Track, IDentify, Redact, Contact, and Automate Studio. The platform helps transform unstructured video and audio data into actionable insights and automates manual investigations.
Veritone (NASDAQ: VERI) has announced the appointment of Francisco J. Morales to its Board of Directors, effective March 20, 2025. Morales, the Co-founder and Executive Chairman of 5.11 Tactical and its former CEO, brings significant expertise in public sector and global business operations to Veritone.
As the leader of 5.11 Tactical, a global market leader in tactical apparel and gear for law enforcement, military, and first responders, Morales has extensive experience serving agencies worldwide. Ryan Steelberg, Veritone's Chairman & CEO, emphasized that Morales's operating and marketing expertise will be valuable in expanding Veritone's AI-driven platform across commercial and public sectors.
The appointment aims to strengthen Veritone's presence in law enforcement, first responder, and military communities while supporting the company's market-leading AI solutions in media, entertainment, and sports sectors.
Veritone (NASDAQ:VERI) reported its Q4 and fiscal year 2024 results with annual revenue of $92.6 million, down 7% year-over-year. The company's Q4 revenue was $22.4 million, a 17% decrease from Q4 2023.
Key financial highlights include:
- Software Products & Services revenue: $61.1 million (down 11% YoY)
- Annual Recurring Revenue (ARR): $58.8 million from 3,237 customers
- Net loss for 2024: $37.4 million, improved from $58.6 million in 2023
Notable developments include:
- Completed divestiture of media agency for up to $104 million
- Raised $20.3 million through common stock offering in January 2025
- Processed over 10.5 petabytes of data in 2024
- 2025 revenue guidance: $107-122 million
Veritone (NASDAQ: VERI) announced that Vital Voices Global Partnership has selected its AI-powered Digital Media Hub (DMH) for digital asset management. The collaboration, facilitated through AWS Marketplace, aims to enhance Vital Voices' media management and storytelling capabilities.
Vital Voices, a nonprofit supporting over 47,000 women leaders across 188 countries, will utilize Veritone's DMH to centralize media assets, leverage AI-driven metadata tagging, and enhance search capabilities. The platform, built on Veritone's aiWARE enterprise AI platform, streamlines content workflows through automation and enables real-time content sharing.
The solution is currently used by major brands including NCAA, iHeartRadio, NBC Universal, CNBC, Bloomberg, and CNN. The DMH platform is available through AWS Marketplace, leveraging AWS's secure infrastructure for scalability and performance.
Veritone (NASDAQ: VERI), an enterprise AI solutions provider, has scheduled its fourth quarter and full year 2024 financial results conference call for March 13, 2025, at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time). The company will present financial results, provide business updates, and host a Q&A session.
Participants can join via audio webcast or dial in using domestic (844) 750-4897 or international (412) 317-5293 numbers. Pre-registration is available to receive a unique PIN and dial-in number.
