Veritone Inc News - VERI

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Form 4 - Statement of changes in beneficial ownership of securities

Midwest Public Safety Partners with Veritone to Offer a Full Lineup of AI-powered Applications for Law Enforcement

Partnership expands reach of Veritone’s iDEMS solution across the Midwest Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered...

Veritone Integrates Global Job Distribution with Eightfold AI

The embedded integration helps improve recruiting efficiency for talent acquisition teams Veritone, Inc. (NASDAQ: VERI), a leader in building...

Veritone to Showcase AI-Powered Talent Acquisition Solutions at HR Tech 2024 in Las Vegas

AI leader to demonstrate solutions that can help reduce costs and improve efficiency for hiring talent Veritone, Inc. (NASDAQ: VERI), a leader...

Veritone Supports Universities, School Campuses and Public Safety Agencies in Investigations

Veritone’s AI-powered intelligent digital evidence management system streamlines and modernizes investigative workflows with potential...

Veritone to Showcase AI Solutions for Content Monetization, Advertising Performance and Localization at IBC2024 in Amsterdam

AI leader to share insights on applied AI for media, broadcast, entertainment and sports Veritone, Inc. (NASDAQ: VERI), a leader in building...

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KVM 22 hours ago

How do u go from 4.44 to 3.94 on decent volume. Has to short sellers.

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KVM 2 days ago

No my phone doesn't show what you are referring to

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GBR 2 days ago

For me anyways. Maybe your phone shows it.

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GBR 2 days ago

By the way, I should have mentioned that you need to be on a laptop. I tried it on my cell phone and it doesn't show what I'm talking about.

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GBR 2 days ago

Yeah but what I believe you are referring to is from the website as it exists today.

On the page where you see the Veritone One link right above the talent acquisition link, that is from the website as it currently exists. If you look at the top headings at the top of that page it reads: "AI Solutions" "AI Software" "Resources" and "About".

But the links that have been added yesterday show the headingson top to be: "Industries" "AI software" "Resources" and "About".

So looks to me like the changes being made are a work in progress.

If one were to go directly to the Veritone website, you would not find the following links.

https://www.veritone.com/industries/state-local-government/

https://www.veritone.com/industries/education/

https://www.veritone.com/industries/federal-government/

But if you click on one of these links and then go to the top of the page, under "Industries" or "AI Software", nothing on talent acquisition or managed services. But yes you can click on Commercial, then Media and Entertainment, and it will take you to the website as it exists today.

The above links look to me like the changes to the website are still a work in progress.

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KVM 2 days ago

As a matter of fact Veritone One link right above talent acquisition link

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KVM 2 days ago

If you look under commercial then media and entertainment and scroll down you will see talent acquisition. So don't think eliminating talent acquisition.

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KVM 2 days ago

I'm skeptical. Both utilize Aiware like everything else with Veri. Can see legacy advertising go but if going to sell b oth gerticles might as well sell whole co. But out of cash and in heavy debt so anything possible.

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GBR 2 days ago

Interesting though that they kept Table Rock under commercial applications. Always been relatively quiet on Table Rock. Would have thought it would have been absorbed into Veritone One or something.

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GBR 2 days ago

Well, it looks like they are in the process of removing both talent acquisition and managed services (advertising} from the website.

Both Veritone Hire and Managed Services are all about advertising, both using programmatic capabilities. So I guess it is possible that a transaction could involve both verticals.

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KVM 2 days ago

So what do u think sold the talent verticle instead of advertising

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GBR 2 days ago

These changes came right after the stock went over 4 again, and I was surprised to see that the stock held over 4 at close. Could be some leakage there.

Here they list both commercial applications and public sector applications. Again, omit talent acquisition.

https://www.veritone.com/applications/#commercial

https://www.veritone.com/applications/#public-sector

Looks like they are in the process of making changes to website, but without talent acquisition or managed services. Think it's possible we could see something this week.

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GBR 2 days ago

added a federal government page, but made it password protected.

https://www.veritone.com/industries/federal-government/

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glenn1919 3 days ago

VERI..............................https://stockcharts.com/h-sc/ui?s=VERI&p=W&b=5&g=0&id=p86431144783

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GBR 3 days ago

added this "education" section

https://www.veritone.com/industries/education/

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GBR 3 days ago

If you go to Veritone.com, you see the usual categories: AI Solutions, AI Software, Resources, About Looks to be all the same.

However, a few hours ago they added this page on State and Local Government.
https://www.veritone.com/industries/state-local-government/

Once you go to this page, now the headings have changed. From this page, the category of "AI Solutions" has now changed to "Industries". Under "Industries", they have removed "Talent Acquisition" and "Managed Services". Also removed "Talent Acquisition" from the "AI Software" category. Instead, under the two categories they just list "commercial" and "public sector"

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GBR 4 days ago

Was surprised it held. Hopefully get something from this lackluster c suite next week

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KVM 4 days ago

What happened first time finished over 4 in quite a while.

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GBR 4 days ago

Will say again, trying to compete in talent acquisition, public sector, advertising, and Media and Entertainment makes zero sense unless aiWARE was the underlying strategy.

They take aiWARE out of the narrative, and nobody knows what to think of this company, and the stock price reflects that.

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GBR 4 days ago

They pay CS millions as a consultant, and have nothing to say about whatever his accomplishments are.

If nothing significant, then goes back to the theory that CS paid off to relinquish CEO and Chairman roles.

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KVM 4 days ago

Or maybe have nothing of significance which seems to be the case.

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GBR 5 days ago

RS continues to spread the AI For Good cheer

All the while, is indifferent to driving home how Veritone differentiates.

Could be something to this. He has focused more on AI for good than Veritone specific product evangelizing. Could be positioning Veritone as the angel of AI. lol. Maybe it's part of the strategic plan, involving someone else like a strategic partner, maybe an eventual strategic investor. Still say, keeping with this narrative while never going into any detail on their primary asset, aiWARE, just doesn't make sense unless an underlying strategy.

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glenn1919 5 days ago

VERI..............................https://stockcharts.com/h-sc/ui?s=VERI&p=W&b=5&g=0&id=p86431144783

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KVM 1 week ago

Got it didn't initially see link. Thx

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KVM 1 week ago

All good questions. Why hire if selling the non software asset. Again think have no intention of selling only profitable unit at this time. What's the new person name. Can't find it.

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GBR 1 week ago

If you are Director of Data Science and Modeling for Havas, why jump ship to Veritone One to be Director of Data and Insights, just when Havas plans to invest $400M in AI.

And Why Veritone One hiring. I don't recall seeing this job posting.

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GBR 1 week ago

Don't know if it means anything,

but Veritone One just brought on a Director of Data and Insights. Says started in August 2024. But it says he worked for Havas Edge through September 2024. Worked for Havas for 3 years. Before that he worked for Veritone from 2017 to 2021.
Havas Edge is a digital advertising platform for Havas Media Network, which is owned by Vivendi.

https://www.linkedin.com/in/brian-kim-7825467/

Here is an article back from June:

Havas Bets $400m on AI, Readies Vivendi Spin-Off Plans
Havas CEO Yannick Bolloré said the future will be 'supercharged by data, tech and AI, but powered by humans'
CANNES, France—Havas is the latest of the Big Six holding groups to bet big on AI, announcing plans to invest over $400 million in the tech over the next four years as it gears up to split from parent company Vivendi.

The end goal is for Havas to float on the stock market, returning to public ownership for the first time since 2017.

https://www.adweek.com/agencies/havas-bets-400m-on-ai-confirms-vivendi-spin-off/

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GBR 1 week ago

Yeah, they made it worse when accessing via phone app. Fortunately no changes when using laptop.

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KVM 1 week ago

Wow revamp of Ihub site hopefully can navigate . Seems complicated

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GBR 1 week ago

I believe they first disclosed it during the 2nd quarter 2023 EC. That is right after they forked over $52M of their precious cash to buy Broadbean, forcing them into having to take out the high interest rate term loan. I'm sure they disclosed possible sale of non software business for over 100M so as to not look so stupid as what the Broadbean purchase and term loan makes them look.

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KVM 1 week ago

Still don't know why would disclose this possible sale and put all kinds of disclaimers that it may not happen. Doesn't make any sense to me. Again going on for over a year with all kinds of qualified bidders and nothing to date.

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GBR 1 week ago

Yeah any merger type deal would have to include a restructuring of the convertible notes and conversion share price I would think.

What I don't understand is that veritone went into all these different verticals because of the supposed ability of the underlying platform aiware. Now they don't promote aiware anymore. Only promote the applications in each vertical. So now we have a small company trying to compete in multiple verticals, and at least publicly, the main push is not the aiware platform any more. So as far as a merger goes, that limits the prospects to anyone out there that would be interested in all three verticals. Hard to have any idea what's going to happen when we have no idea to what extent of any, there is interest in the underlying platform aiware.

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KVM 1 week ago

Whatever transaction they are involved with has to be complicated. If a major player would have been done by now. Could be a merger or something along those lines but either way they need cash ASAP. Could be squeaking by for now but like u say need cash to innovate.

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GBR 1 week ago

RS said in the EC aiWARE and its enhancements largely responsible for the increase in pipeline. How Veritone defines and has confidence in pipeline is another subject.

But looks like most if not all enhancements come using AWS tech.
AWS SCA PR, was announced August 8th. Don't know when it started, but maybe it is the aiWARE enhancements coupled with SCA with AWS that is going to allow them to have enough cash, and avoid a public offering. Maybe the AWS SCA places more value on the advertising business. Still waiting to see what all AWS is doing for Veritone in this SCA.

Also, RS said We’ve completed our announced restructuring efforts in Q2, and we expect to realize the full benefits of
these efforts in the second half of 2024. So maybe revenue and cost synergies from integration now happening.

Still, even if they can squeak by without having to raise cash, don't know how they compete with the big boys going forward without having better financial resources. They have to continue investing and enhancing offerings to remain competitive imo. As discussed before, selling ad business shouldn't take this long. Still no signs of any public offering. Maybe the formal banking process has evolved into more than just ad business.

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KVM 1 week ago

Also have not had a profitable q in over 40 quarters. No cash, 160 mil in debt and business as usual. Sad

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KVM 1 week ago

Well 1 more day in the quarter. How they going to spin cash #s at 9/30. Can no longer remain silent and obviously no disclosures. Do we get something Monday? No fed announcements, no nonsoftware sale, no stock offering. No nothing except same old trivial PRs. Half of revenues come from legacy advertising and other half from inorganic acquisitions. Veri mgt hasn't produced any significant or material Ai revenue since inception 10 years ago and after receiving a half a billion dollars from investors.

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CrypticMinotaur54 2 weeks ago

Dont love the mass posting of prs lol afraid of a new offering

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GBR 2 weeks ago

again, no mention of aiWARE. No mention of conversational AI. Everything they talk about with Veritone Hire is nothing more than the combo of Pando and Broadbean.

Still can't figure out why they acquired Broadbean, wiping out most of their unencumbered cash, at a time when talent acquisition was slowing, as well as the slowing of their legacy ad business. And the purchase forced them into taking on high interest rate term debt. Also at a time when Amazon said they would be consuming less.

The good news is that it is another day of not announcing a cash raise. The money has to be coming from somewhere.

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KVM 2 weeks ago

Also seems like to me they are always integrating into someone else's platform and no one ever integrates into their platform.

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KVM 2 weeks ago

Still not clear how they are paying the bills

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KVM 2 weeks ago

Thought Veri Hire was "the leader" in Ai powered talent acquisition. Apparently according to Veri Eightfold Ai is. Nothing but BS and lies for years now.

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CrypticMinotaur54 2 weeks ago

has been under 4 for a while now lol

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Monksdream 2 weeks ago

VERI under $4

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KVM 3 weeks ago

Well unfortunately will have to wait for EC to hopefully get more BS or lies so we can further speculate on where Veri is headed.

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GBR 3 weeks ago

What could they have possibly have been referring to
when they said "disruptive growth" for 2024. There has been nothing so far this year that even remotely points to anything disruptive.

And what's with the consulting business. Nothing there either. Said it's focused on aiWARE but don't want you to know about aiWARE.

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KVM 3 weeks ago

Mystery too with all these qualified bidders how come non software asset not sold. Mystery why have to pay 5 mil in interest expense per quarter at usury rates with dilution.

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KVM 3 weeks ago

Certainly the way it looks. In PRs keep saying Aiware leading Ai platform. Mystery how they come up with that when every other platform is kicking there butt's including all these little Ai voice platforms.

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Veritone Inc (VERI)

Real-time discussions and trading ideas: Trade with confidence with our powerful platform.

VERI News

Form 4 - Statement of changes in beneficial ownership of securities

Midwest Public Safety Partners with Veritone to Offer a Full Lineup of AI-powered Applications for Law Enforcement

Veritone Integrates Global Job Distribution with Eightfold AI

Veritone to Showcase AI-Powered Talent Acquisition Solutions at HR Tech 2024 in Las Vegas

Veritone Supports Universities, School Campuses and Public Safety Agencies in Investigations

Veritone to Showcase AI Solutions for Content Monetization, Advertising Performance and Localization at IBC2024 in Amsterdam

Pocket.watch Selects Veritone as AI Partner to Expand COPPA Compliant Advertising Offerings

Form 4 - Statement of changes in beneficial ownership of securities

Veritone and Nuix Combine AI Expertise to Offer Turn-Key Solutions for Growing Volumes of Video and Audio Data

Veritone Wins Netty Award for Best Use of AI for Accessibility

Veritone AI-Powered Solutions for Media and Entertainment Now Available in AWS Marketplace

Form 10-Q - Quarterly report [Sections 13 or 15(d)]

Veritone Named Global Archive of Record and Exclusive Video Licensing Agent for the NCAA

Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB

Form 8-K - Current report

VERI Discussion

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Veritone Inc (VERI)

Real-time discussions and trading ideas: Trade with confidence with our powerful platform.

VERI News

Form 4 - Statement of changes in beneficial ownership of securities

Midwest Public Safety Partners with Veritone to Offer a Full Lineup of AI-powered Applications for Law Enforcement

Veritone Integrates Global Job Distribution with Eightfold AI

Veritone to Showcase AI-Powered Talent Acquisition Solutions at HR Tech 2024 in Las Vegas

Veritone Supports Universities, School Campuses and Public Safety Agencies in Investigations

Veritone to Showcase AI Solutions for Content Monetization, Advertising Performance and Localization at IBC2024 in Amsterdam

Pocket.watch Selects Veritone as AI Partner to Expand COPPA Compliant Advertising Offerings

Form 4 - Statement of changes in beneficial ownership of securities

Veritone and Nuix Combine AI Expertise to Offer Turn-Key Solutions for Growing Volumes of Video and Audio Data

Veritone Wins Netty Award for Best Use of AI for Accessibility

Veritone AI-Powered Solutions for Media and Entertainment Now Available in AWS Marketplace

Form 10-Q - Quarterly report [Sections 13 or 15(d)]

Veritone Named Global Archive of Record and Exclusive Video Licensing Agent for the NCAA

Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB

Form 8-K - Current report

VERI Discussion

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