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Veritone, Inc. - VERI STOCK NEWS

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. (symbol: VERI) is a pioneering company specializing in advanced artificial intelligence (AI) computing solutions and services. Founded in 2014, Veritone has swiftly risen to prominence with its proprietary AI-based cognitive computing platform that allows for the seamless processing, transformation, and analysis of unstructured audio and video data. This innovative platform, known as aiWARE, integrates a robust ecosystem of various top-tier cognitive engines, enabling businesses to extract valuable insights from vast amounts of media data.

Veritone's core business revolves around the delivery of its software products and services. The company serves a diverse clientele, including Commercial Enterprises and Government and Regulated Industries. Through its aiWARE platform, Veritone offers a range of services, including content licensing, advertising agency functions, influencer management, and related professional services. These solutions are designed to support clients in deploying and implementing efficient AI-driven strategies.

With a strong presence across multiple continents, including the United States, the United Kingdom, France, Australia, Israel, and India, Veritone's reach and influence are widespread. The company's ability to generate revenue stems from both its Software Products and Services and its Managed Services. This dual revenue stream underscores Veritone's strategic approach to market penetration and growth.

Veritone has garnered significant recognition in the industry, evidenced by accolades such as the Red Herring Top 100 Award, the Edison Awards, and the SIIA Business Technology CODiE Award for Best Native Advertising Platform or Service. These honors highlight the company's commitment to innovation and excellence in AI technology.

Recent developments at Veritone include ongoing enhancements to its aiWARE platform, expanding its capabilities to provide even more profound and actionable intelligence from multimedia data. The company's continuous improvement efforts ensure that it remains at the forefront of the AI industry, delivering cutting-edge solutions to its clients worldwide.

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Veritone (NASDAQ: VERI) will conduct a virtual Analyst Update and Tech Demo on November 19, 2021 at 9:00 am PT/12:00 pm ET. This session aims to provide insights into the company's innovations in AI technology, including new business strategies, customer updates, and key performance indicators. The event follows the successful May 2021 Investor Day and will feature a live Q&A session. RSVP for participation is available through their website.

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Veritone (NASDAQ: VERI) will co-host a virtual panel on November 9th, titled "US Law Enforcement Agency Transparency & How Technology Can Help." This initiative follows a national survey commissioned by Veritone, addressing LEA transparency and technology usage. The panel, featuring notable law enforcement leaders, aims to discuss survey findings and strategies to enhance transparency through technology. Jon Gacek of Veritone emphasized the increasing demand for tools that enable agencies to address public calls for transparency while managing manual labor requirements for compliance.

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Veritone (NASDAQ: VERI) announced the full integration of its MARVEL.ai synthetic voice solution with the Wade & Wendy conversational AI platform, enhancing automated human voice interactions. This development aims to streamline recruitment processes, allowing organizations to make quicker and more informed hiring decisions. Terry Baker, CEO of PandoLogic, emphasized the integration's potential for expansion into virtual realities, while Ryan Steelberg, co-founder of Veritone, noted its ability to improve connections in recruitment and metaverse experiences.

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Veritone, Inc (NASDAQ: VERI) has launched Veritone Contact, a software solution that streamlines RIPA (Racial Identity and Profiling Act) data collection for California law enforcement. With over 70 agencies already onboard, Veritone expects nearly 100 agencies to adopt this technology by early 2022, significantly reducing data collection time by 50%. This efficiency could save approximately $30 million annually in officer time, allowing officers to focus more on community safety. The initiative enhances transparency in policing and aids compliance with new state mandates.

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Veritone, Inc. (NASDAQ: VERI), a leader in enterprise AI solutions, will participate in several virtual investor events in November and December 2021. Key events include the Stifel Midwest One-on-One Growth Conference on November 11, the Needham Virtual Conference on November 17, and the Roth Technology Event on November 18. Additionally, Veritone will host a Virtual Analyst Update on November 19 and attend the UBS Global TMT Conference from December 6-8. For more details, visit Veritone's website.

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Veritone, Inc. (NASDAQ: VERI) has announced its third quarter 2021 financial results conference call, scheduled for November 9, 2021, at 4:30 p.m. Eastern Time. The call will cover the company's financial performance, updates on business operations, and a Q&A session. Investors can participate via a live audio webcast or by dialing in, with pre-registration encouraged to avoid delays. Veritone is known for its aiWARE platform, which provides AI solutions for various sectors, enhancing operational efficiency and decision-making capabilities.

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Veritone, Inc. (NASDAQ: VERI) announces an expansion of its aiWARE Government platform across all components of the U.S. Department of Justice (DOJ), achieving widespread Authority to Operate (ATO) for its AI solutions. This development includes support for Microsoft Azure Government, allowing DOJ agencies to efficiently process large data volumes. The federal government is set to invest over $6 billion in AI R&D in 2021, indicating significant growth potential for Veritone as it leads in AI adoption within federal applications.

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Veritone, Inc (NASDAQ: VERI) has partnered with Bauer Media UK to enhance its project management and strategy teams' capabilities through Veritone Discovery. This AI solution quickly retrieves audio content buried within extensive libraries. The deployment aims to streamline marketing campaigns and improve efficiency by automating the search for relevant material. Veritone Discovery enhances the ability to track broadcasts and reduce manual tasks, allowing teams to focus more on delivering high-value campaigns.

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Veritone, Inc. (NASDAQ: VERI) will host a conference call on November 9, 2021, at 4:30 p.m. ET to discuss its third quarter 2021 financial results, update on business operations, and hold a Q&A session. Interested participants can join via webcast or dial-in. Pre-registration is available to facilitate access. Veritone specializes in enterprise artificial intelligence, empowering organizations with its aiWARE platform to enhance efficiency and decision-making.

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FAQ

What is the current stock price of Veritone (VERI)?

The current stock price of Veritone (VERI) is $2.73 as of November 22, 2024.

What is the market cap of Veritone (VERI)?

The market cap of Veritone (VERI) is approximately 104.6M.

What does Veritone, Inc. do?

Veritone, Inc. specializes in AI computing solutions and services, focusing on processing and analyzing unstructured audio and video data through its aiWARE platform.

What is the aiWARE platform?

The aiWARE platform is Veritone's proprietary AI-based cognitive computing system that integrates various cognitive engines to generate actionable insights from multimedia data.

In which industries does Veritone operate?

Veritone serves Commercial Enterprises and Government and Regulated Industries, offering solutions in content licensing, advertising, influencer management, and more.

Where is Veritone based?

Veritone is based in the United States and has a global presence, including in the United Kingdom, France, Australia, Israel, and India.

How does Veritone generate revenue?

Veritone generates revenue through its Software Products and Services, which include aiWARE platform solutions, support and maintenance, and related professional services, as well as its Managed Services.

What awards has Veritone won?

Veritone has received several prestigious awards, including the Red Herring Top 100 Award, the Edison Awards, and the SIIA Business Technology CODiE Award for Best Native Advertising Platform or Service.

What recent developments are there at Veritone?

Veritone is continually enhancing its aiWARE platform to provide deeper intelligence from multimedia data, ensuring it stays at the forefront of AI technology innovation.

What services does Veritone's Managed Services include?

Veritone's Managed Services include content licensing, advertising agency operations, influencer management, and related services.

How does Veritone support its AI solutions?

Veritone supports its AI solutions with comprehensive support and maintenance services, as well as professional services related to deployment and implementation.

What is the significance of Veritone's aiWARE platform?

The aiWARE platform is significant because it enables automated, seamless processing and analysis of large volumes of unstructured multimedia data, providing valuable insights for businesses.

Veritone, Inc.

Nasdaq:VERI

VERI Rankings

VERI Stock Data

104.59M
33.04M
13.78%
31.1%
13.49%
Software - Infrastructure
Services-computer Processing & Data Preparation
Link
United States of America
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