Veritone Stock Price, News & Analysis

Veritone, Inc. (NASDAQ: VERI) announced that its intelligent Distributed Energy Resource Management Solution (iDERMS) was selected by Marubeni Corporation for a pilot project in the California Independent System Operator (CAISO) SP-15 region. This solution offers price, demand, and generation forecasts, enabling Marubeni to optimize its energy operations. By improving forecasting accuracy, Marubeni aims to enhance its competitive position in the wholesale electricity market and support power grid resilience. Veritone's iDERMS utilizes AI to transform energy ecosystems by optimizing and controlling distributed energy resources.

Veritone, Inc. (NASDAQ: VERI) announced participation in the 2022 NAB Show from April 23-27 at the Las Vegas Convention Center. The company will showcase its aiWARE platform and new Veriverse solutions at Booth #W4716. Co-founder Ryan Steelberg will lead sessions discussing how AI can enhance media strategies in the metaverse, including solutions for synthetic voice, content monetization, and brand continuity. Veritone aims to demonstrate significant innovations that could reshape media and entertainment.

Talentcare, LLC has launched a new Recruitment Marketing solution designed to enhance hiring efficiency for mid-market companies. This AI-powered programmatic job advertising capability aims to attract more qualified job candidates while optimizing performance within budget constraints. Partnering with PandoLogic, Talentcare's platform allows seamless job postings across various job sites and social networks. The goal is to empower employers to creatively source and hire efficiently in a competitive hiring market.

Veritone (NASDAQ: VERI) has launched Veriverse, a suite of AI-driven solutions designed to assist content IP owners in navigating the metaverse. This initiative aims to create new revenue opportunities by integrating traditional media and immersive environments. Veriverse includes tools like Veritone Voice, Veritone Avatar, Veritone NFT, and Veritone Verify, enhancing brand continuity and identity protection. Industry reports suggest the metaverse could represent a market opportunity worth $8 to $13 trillion by 2030, highlighting the potential for significant returns.

Veritone, Inc. (NASDAQ: VERI) has partnered with OOONA to enhance media localization services for Silver Trak Digital. This collaboration integrates Veritone Voice's synthetic voice capabilities into OOONA's platform, enabling seamless scripting for audio descriptions, especially beneficial for visually impaired audiences. The global localization software market is expected to reach $5.51 billion by 2028. Veritone’s AI-driven solutions offer robust features for multi-language workflows, potentially streamlining operations and reducing project turnaround times for service providers.

Veritone, Inc. (NASDAQ: VERI) announced a conference call scheduled for May 3, 2022, at 4:30 p.m. ET to discuss its first quarter 2022 financial results. The call will also provide an update on the company’s business operations and include a Q&A session. Participants can preregister for the call or access it via a live audio webcast. Veritone is recognized for its aiWARE platform, which enhances digital migration and decision-making for organizations across various sectors.

Veritone, Inc. (Nasdaq: VERI), a leader in AI technology, has appointed a new senior leadership team member and granted him equity awards under the Inducement Grant Plan. The awards include options to purchase 60,000 shares at an exercise price of $13.22 and restricted stock units for 30,000 shares. The stock options vest over four years while the restricted stock units vest over two years, subject to the new employee's continuous employment. This strategic hire is part of Veritone's ongoing commitment to enhancing its AI capabilities.