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 reported total revenue of $31.6 million for Q1 2024, exceeding guidance. ARR of $72.1 million, with 67% from subscription-based customers. New bookings of $13.0 million. Restructuring led to over $13.0 million in annualized savings.
Veritone, Inc. (NASDAQ: VERI) has launched an AI consulting and services group to assist in the implementation of AI technologies. The company has achieved AWS Advanced Tier Services Partner status within the AWS Partner Network by meeting technical requirements and demonstrating expertise. Veritone aims to empower businesses through custom AI strategy development, workflow solutions, and innovation workshops, facilitating digital transformation and AI activation.
Veritone, Inc. (VERI) and OPEXUS partner to offer AI solutions to a major national Canadian bank, enhancing data privacy workflows and compliance with regulations. Veritone's Redact solution uses machine learning to redact sensitive information in audio and video data, reducing redaction times by up to 90%. The partnership aims to improve data security, regulatory compliance, and trust in financial services.