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. develops enterprise artificial intelligence and data solutions for commercial, government and regulated-sector customers. Its updates center on the aiWARE platform, which orchestrates machine learning models for audio, video and other data, along with industry applications such as Broadbean by Veritone for job distribution, iDEMS for investigative digital evidence management, and Discovery Content Intelligence for media archives.
Recurring news also covers Veritone Data Refinery and Veritone Data Marketplace, privacy and redaction tools for unstructured data, customer deployments in public-sector and enterprise markets, technology partnerships, and quarterly operating updates. Company announcements frequently connect its AI software, data services and managed services to hiring workflows, digital evidence, media analysis, data preparation and cloud infrastructure.
Veritone (NASDAQ: VERI) has launched its intelligent distributed energy resource management solution (iDERMS), enabling utilities and independent power producers to transition to clean energy while meeting regulatory and environmental goals. The solution leverages aiWARE for real-time energy forecasting and optimization. Analyst Alan Pelz-Sharpe emphasizes its potential to balance energy supply and demand effectively. The iDERMS system includes modules for forecasting, optimization, and control, promising enhanced reliability and increased profit potential for users.
Veritone, Inc. (NASDAQ: VERI) announces significant enhancements to its Veritone Voice solution, improving the production of lifelike synthetic voices. Since its launch in May 2021, Veritone Voice has served over 2,000 customers and generated thousands of voice clips. The latest updates include upgraded text editor capabilities and the addition of 72 new stock voices in various languages. This innovation allows creators to produce content that is more natural and accessible, meeting the growing demand for personalized audio in enterprise and consumer markets.
Veritone (NASDAQ: VERI) and iHeartMedia (NASDAQ: IHRT) announced a collaboration to utilize Veritone’s synthetic voice solution for podcast content. This technology enables iHeartMedia to create verified synthetic voices, transforming them into various languages and accents. Initially, popular podcasts will be translated for Spanish-speaking audiences, aiming to expand iHeartMedia's reach in the podcast market. The solution promises to lower production costs while retaining the authenticity of the original voice talent, thus unlocking new revenue streams for both companies.
Veritone (NASDAQ: VERI) has been selected as a key AI partner in a $249 million Blanket Purchase Agreement with the Department of Defense Joint Artificial Intelligence Center. This agreement enables the JAIC to utilize the aiWARE™ platform for Test & Evaluation, enhancing AI technologies including Machine Learning and Neural Networks. Veritone's platform aims to improve operational efficiencies and reduce deployment costs across government agencies, including the U.S. Air Force.
Veritone, Inc. (NASDAQ: VERI) announced a conference call on March 3, 2022, at 4:30 p.m. ET to discuss its fourth quarter and full year 2021 financial results. The event will provide updates on the business and include a Q&A session. Interested parties can participate via webcast or by phone with pre-registration encouraged to avoid delays. Veritone is known for its aiWARE platform, facilitating efficient data management and AI solutions for various sectors.
Veritone, Inc. (NASDAQ: VERI) announces its fourth quarter and full year 2021 financial results conference call scheduled for March 3, 2022, at 4:30 p.m. ET. The company aims to discuss financial outcomes and provide a business update during this session. Attendees can join via live audio webcast or by phone, with an option to pre-register for quick access. Veritone is recognized for its expansive aiWARE platform, which optimizes AI solutions for various sectors, enabling improved data management and operational efficiency.
Veritone, Inc. (NASDAQ: VERI) has renewed its licensing agreement with the French Tennis Federation (FFT) for North American distribution of the Roland-Garros content. This three-year extension allows Veritone to offer unique tennis footage to its North American clients for use in various creative projects. The French Open is among the most-watched Grand Slam tournaments, attracting millions of viewers. Veritone's AI platform, aiWARE, supports its licensing operations, streamlining workflows and content delivery.
Veritone, Inc. (NASDAQ: VERI) announced that its day-ahead market energy forecaster outperformed the California Independent System Operator (CAISO) in November 2021. The forecaster demonstrated a 30% improvement in accuracy over CAISO's demand forecasts, potentially saving millions for energy market participants. This achievement highlights Veritone's advanced AI capabilities, integral to enhancing the reliability of the energy grid. The company continues to push for improved forecasting solutions as part of its commitment to the clean energy transition.
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Veritone (NASDAQ: VERI) has partnered with The Bert Show to implement its MARVEL.ai synthetic voice technology, allowing the show to create custom voice content without the host's physical presence. This collaboration enables efficient production of text-to-speech and speech-to-speech models, enhancing reach and reducing costs. The Bert Show, which boasts over 1 million listeners, aims to utilize this technology to adapt to changing consumer habits and content demands. MARVEL.ai is recognized for its high-quality voice cloning capabilities.