Veritone Unveils Data Refinery to Power Next-Generation AI Technology
Veritone (NASDAQ: VERI) has launched Veritone Data Refinery (VDR), a new solution that transforms unstructured data into AI-ready assets using their aiWARE™ platform. The solution addresses the predicted shortage of high-quality text data by 2026, enabling organizations to convert various data types into structured datasets for training Large Language Models and Large Multimodal Models.
VDR creates a centralized repository for managing and securing intellectual property, offering enterprise-grade encryption, GDPR compliance, and SOC2 certification. The platform allows organizations to extract value from Veritone's 20+ applications, develop custom AI solutions, and explore data monetization opportunities through third-party licensing.
Veritone (NASDAQ: VERI) ha lanciato Veritone Data Refinery (VDR), una nuova soluzione che trasforma i dati non strutturati in asset pronti per l'IA utilizzando la loro piattaforma aiWARE™. La soluzione affronta la prevista carenza di dati testuali di alta qualità entro il 2026, consentendo alle organizzazioni di convertire vari tipi di dati in set di dati strutturati per l'addestramento di modelli linguistici di grandi dimensioni e modelli multimodali complessi.
VDR crea un repository centralizzato per gestire e proteggere la proprietà intellettuale, offrendo cifratura di livello enterprise, conformità al GDPR e certificazione SOC2. La piattaforma consente alle organizzazioni di estrarre valore dalle oltre 20 applicazioni di Veritone, sviluppare soluzioni IA personalizzate ed esplorare opportunità di monetizzazione dei dati attraverso licenze di terze parti.
Veritone (NASDAQ: VERI) ha lanzado Veritone Data Refinery (VDR), una nueva solución que transforma datos no estructurados en activos listos para IA utilizando su plataforma aiWARE™. La solución aborda la prevista escasez de datos textuales de alta calidad para 2026, permitiendo a las organizaciones convertir varios tipos de datos en conjuntos de datos estructurados para entrenar Modelos de Lenguaje Grande y Modelos Multimodales Grandes.
VDR crea un repositorio centralizado para gestionar y asegurar la propiedad intelectual, ofreciendo cifrado de nivel empresarial, cumplimiento con el GDPR y certificación SOC2. La plataforma permite a las organizaciones extraer valor de las más de 20 aplicaciones de Veritone, desarrollar soluciones de IA personalizadas y explorar oportunidades de monetización de datos a través de licencias de terceros.
Veritone (NASDAQ: VERI)는 Veritone Data Refinery (VDR)를 출시했습니다. 이는 aiWARE™ 플랫폼을 사용하여 비구조적 데이터를 AI 준비 자산으로 변환하는 새로운 솔루션입니다. 이 솔루션은 2026년까지 예측되는 고품질 텍스트 데이터 부족 문제를 해결하여 조직이 다양한 데이터 유형을 대규모 언어 모델과 대규모 멀티모달 모델 훈련을 위해 구조화된 데이터셋으로 변환할 수 있도록 합니다.
VDR은 지식 재산을 관리하고 보호하는 중앙 집중형 저장소를 생성하며, 엔터프라이즈급 암호화, GDPR 준수 및 SOC2 인증을 제공합니다. 이 플랫폼은 조직이 Veritone의 20개 이상의 응용 프로그램에서 가치를 추출하고, 맞춤형 AI 솔루션을 개발하며, 제3자 라이선스를 통해 데이터 수익화 기회를 탐색할 수 있도록 합니다.
Veritone (NASDAQ: VERI) a lancé Veritone Data Refinery (VDR), une nouvelle solution qui transforme des données non structurées en actifs prêts pour l'IA en utilisant leur plateforme aiWARE™. La solution répond à la pénurie prévue de données textuelles de haute qualité d'ici 2026, permettant aux organisations de convertir divers types de données en ensembles de données structurés pour former des modèles de langage de grande taille et des modèles multimodaux à grande échelle.
VDR crée un dépôt centralisé pour gérer et sécuriser la propriété intellectuelle, offrant un chiffrement de niveau entreprise, une conformité au GDPR et une certification SOC2. La plateforme permet aux organisations d'extraire de la valeur des plus de 20 applications de Veritone, de développer des solutions IA personnalisées et d'explorer des opportunités de monétisation des données via des licences tierces.
Veritone (NASDAQ: VERI) hat Veritone Data Refinery (VDR) gestartet, eine neue Lösung, die unstrukturierte Daten in AI-bereite Assets umwandelt, mithilfe ihrer aiWARE™-Plattform. Die Lösung begegnet dem vorhergesagten Mangel an hochwertigen Textdaten bis 2026 und ermöglicht es Organisationen, verschiedene Datentypen in strukturierte Datensätze zur Schulung von großen Sprachmodellen und großen multimodalen Modellen zu konvertieren.
VDR schafft ein zentrales Repository zur Verwaltung und Sicherung von geistigem Eigentum und bietet unternehmensgerechte Verschlüsselung, GDPR-Konformität und SOC2-Zertifizierung. Die Plattform erlaubt es Organisationen, Werte aus Veritones über 20 Anwendungen zu extrahieren, individuelle AI-Lösungen zu entwickeln und Möglichkeiten zur Datenmonetarisierung durch Lizenzierung von Dritten zu erkunden.
- Launch of new product (VDR) addressing growing market need for AI-ready data
- Potential new revenue stream through data monetization opportunities
- Enterprise-grade security features including GDPR compliance and SOC2 certification
- None.
Insights
Veritone's Data Refinery launch represents a strategic pivot into the lucrative AI data preparation market. The timing is particularly significant given the projected shortage of high-quality text data by 2026. VDR's key differentiator is its ability to process multiple data types (text, audio, video) into AI-ready formats, positioning it as a comprehensive solution for enterprises building custom AI models.
The platform's integration with aiWARE and focus on data monetization presents a dual revenue opportunity - both from direct platform usage and potential data licensing. However, success will heavily depend on enterprise adoption rates and the platform's ability to deliver measurable ROI in model training efficiency. While the technology appears promising, Veritone faces intense competition from established data management platforms and must prove VDR's superiority in real-world applications.
New Offering Helps Enterprises Transform Unstructured Data into AI-Ready Assets, Enabling Breakthroughs in AI Models and Applications
According to CB Insights, the availability of high-quality text data is expected to dwindle by 2026, posing significant challenges for advancing AI technology. VDR enables organizations to address this challenge head-on by converting unstructured data into structured datasets ready for training Large Language Models (LLMs) and Large Multimodal Models (LMMs), which require diverse data inputs such as images, text, and audio. Organizations can centralize and normalize their data from images, text, and videos, allowing them to maximize their AI capabilities from chatbots to fine-tuned models and unlock future opportunities to leverage analytics and products.
“With Veritone Data Refinery, we’re bridging a critical emerging gap in the AI ecosystem by turning raw data into high-value assets that can power next-generation AI,” said Ryan Steelberg, president and chief executive officer, Veritone. “Veritone’s decade-long commitment to advancing AI technology has uniquely positioned us to deliver an end-to-end solution that not only transforms data but does so securely, ethically and at scale. This commitment ensures that our clients can innovate responsibly while maximizing the potential of their proprietary data.”
Through aiWARE’s advanced capabilities, VDR transforms disparate data silos into a centralized and secure repository. From this repository, enterprises can manage, secure and optimize their intellectual property empowering them to confidently:
- Extract immediate value and ROI out of Veritone’s 20+ award-winning applications, serving both Public and Commercial sectors;
- Identify custom AI solution and development needs, including training and fine-tuning AI cognitive and large language models; or
- Explore monetization opportunities through third-party data licensing.
In a rapidly evolving AI landscape, VDR helps meet the growing demand for high-quality datasets essential for AI advancement with deep and diverse data covering content from education, foreign language, sports, TV, film, podcasts, audio descriptions and more. VDR’s accessibility of assets allows developers, engineers and data scientists the scale to solve their data needs.
As data rights holders become increasingly protective of their assets, Veritone’s solution ensures that enterprises maintain full control over the privacy and security of their data. With enterprise-grade encryption, GDPR compliance and SOC2 certification, VDR provides peace of mind while unlocking new avenues for AI innovation and revenue generation.
To learn more about Veritone Data Refinery, please visit https://www.veritone.com/industries/data-asset-management/.
About Veritone
Veritone (NASDAQ: VERI) builds human-centered enterprise AI solutions. Serving customers in the media, entertainment, public sector, and talent acquisition industries, Veritone’s software and services empower individuals at the world’s largest and most recognizable brands to run more efficiently, accelerate decision-making, and increase profitability. Veritone’s leading enterprise AI platform, aiWARE™, orchestrates an ever-growing ecosystem of machine learning models, transforming data sources into actionable intelligence. By blending human expertise with AI technology, Veritone advances human potential to help organizations solve problems and achieve more than ever before, enhancing lives everywhere. To learn more, visit Veritone.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241120278014/en/
Media Contact:
Kaitlin Myers
KMyers1@Veritone.com
+1 (913) 220-5292
Source: Veritone, Inc.
FAQ
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