Veritone Inc (VERI) Quote

Seems odd up almost 15% on measley 350k shares.

For what’s worth CDAO is listed on the most recent presentation.

https://d1io3yog0oux5.cloudfront.net/_7356ac26a43d4527042628b98d06b183/veritone/db/2223/21167/pdf/VERI+4Q23+Investor+Presentation+%284-4-24%29_v4.pdf

I could see a partnership with Amazon
where Veritone provides aiWare capabilities to Bedrock, and in turn, Amazon helps scale Veritone's verticals.

But still no revenues to substantiate. And still no sense of urgency to get going with Veritone Hire.

Very possible.

And that would make this comment an outright lie.

We're seeing an explosion
of demand for Veritone’s AI applications, aiWARE platform and solution capabilities

I agree somewhat I think the only saving grace is if the DOD's been using aiWARE and that's why nothing has been marketed. We know the JAIC was using aiWARE just a question if now the CDAO is still using it.

Bedrock not limited to LLM models.

And hard for me to believe that aiWare is competing against Bedrock. If that were the case, then its clearly a losing proposition. I don't think RS is that stupid.

You go on AWS Marketplace, and says Veritone Investigate powered by AWS, not aiWare. If aiWare competing with Bedrock, then obviously Veritone doing a lousy job of it.

He's mentioned Bedrock publicly at least twice, first saying, aiWare is the original Bedrock, then yesterday saying aiWare is cloud agnostic version of Bedrock.

DMH runs on aiWare. AWS demonstrated an AWS version of DMH. RS said AWS their primary cloud partner yesterday.

But, still no evidence of any Veritone revenue ramp associated with AWS GTM partnership. And still very quiet on Veritone Hire.

Aiware becoming irrelevant. If relevant would have had buyouts, investments, PRs anything announcing these capabilities. But nothing except to say cloud agnostic. Soon every other big name will have their own version of Aiware or Bedrock etc. Aiware done again just as an internal platform. And soon Veri will follow right behind as irrelevant.

Veritone talks about "engine" capabilities. I wonder if Bedrock can do the same or if its just LLM models.

Seems like they've already surpassed aiWARE. I sure hope they are utilizing aiWARE and AION file types but who knows.

"Tens of thousands of customers have already selected Amazon Bedrock as the foundation for their generative AI strategy because it gives them access to the broadest selection of first- and third-party large language models (LLMs) and other foundation models (FMs) from leading AI companies, including AI21 Labs, Anthropic, Cohere, Meta, Mistral AI, Stability AI, and Amazon, along with leading ease-of-use capabilities to quickly build and deploy generative AI applications."

Today Amazon announcing bring your own AI model to Bedrock.

With this new capability, AWS makes it easy for organizations to choose a combination of Amazon Bedrock models and their own custom models via the same API.
https://www.aboutamazon.com/news/aws/amazon-bedrock-new-innovations-generative-ai-applications

Also has an update similar to Veritone Benchmark.


aiWare is either going to quickly become irrelevant or Veritone is licensing aiWare capabilities. jmo

The sell for free a Wilderness Guide for Ai.
Meanwhile investors get f---cked.

Yes, a cloud agnostic version of Bedrock. And said more mature. Just can't figure out why they have not touted aiWare and capabilities since RS took over as CEO. Any time Ryan speaks, there is never any urge to try to sell Veritone products or platform. Talks more about AI for good, and industry in general. Hope they have a plan in place.

https://digitaltransformationpodcast.libsyn.com/the-use-application-and-value-of-artificial-intelligence-today?linkId=223901

Surprisingly RS dropped aiWARE.com and compared aiWARE to bedrock. Around the 16 min mark

GridBeyond if growing like fire blazing fast
What is the market cap of gridbeyond after the $55m cash raise?
Do we smell an upcoming IPO ?

VERI holds 4,160,644 of Series B Preference Shares in GridBeyond

Maybe we do the same with BENJI health probally better in the hands of a more specialized heath company

Yeah, pretty sure we will always be stuck with the Steelbergs on the Board. But now replace Kurtz and Taketa and maybe they can make something out of this company.

Seems like Keithley has an actual background in computer science which will be a nice change. Agreed seems like he'll have more pull and hopefully not fall for the constant empty promises. Either way glad they could lore him on the board with all his connections.

An improvement as far as I'm concerned.

Watched a couple videos of him on YouTube. He doesn't appear to be a "yes" man to me. And guessing he has a much bigger rolodex than Jeff Gehl

Guessing over the years that Jeff Gehl went along with everything Steelbergs said.

Thoughts on Michael Keithley joining the board? Seems like he's on a ton of board positions already.

Who leads a symphony...?

As good as anyone trumpeter is it takes an orchestra to make the symphony and everyone has thier places guided by the

CONDUCTOR



https://www.nextgov.com/artificial-intelligence/

agree


They built up expectations for big revelations on Veritone Hire. And all they did was say "we are now called Veritone Hire" lol

New website is lame at best.

Nothing coming out of NAB.

Very disappointing week, and another example of lack of execution on the part of RS.

Got to get out of this POS

Veritone surprisingly quiet yesterday on Linkedin. Ask Veri won a NAB award yesterday, but I don't see that anyone posted about it.

https://www.nab.org/documents/newsRoom/pressRelease.asp?id=6975

New Forbes article
https://www.forbes.com/sites/zengernews/2024/04/16/truth-in-the-signal-veritone-shepherds-epoch-enterprise-empowerment/?sh=2c6681eb2588

Another beef I have. Every time RS is interviewed, half the interview is spent going through the Steelberg history of previous companies. Who f@##ing cares?

"But to not be touting aiWARE at all to me is not a good sign. Also to with CS’s ouster aiWARE development/adoption couldn’t have been going to well. "

There is a chance that aiWare not being touted because it is being integrated into other platforms like Adobe or Amazon Bedrock.

When you think about it, considering Veritone's financial position, and the fact that they threw a good share of their money into HR tech, are they really in the position to be competitive with aiWare as a standalone platform. The likes of Adobe and Amazon have an unlimited supply of money to throw into their platforms. Also, is it reasonable to expect that huge entities like the DOD or DOJ would rely on Veritone for the ongoing servicing and developing of aiWARE. I think any future for aiWare lies in the integration of aiWare capabilities into other platforms, and that could be the reason why Veritone not touting aiWare. Still, need execution and results. The fact that we are still left to speculate is not encouraging at all.

I expected more from the new website. The HR features still direct you to Pando and Broadbean websites. My guess is that the website is a work in progress, but still frustrating. The partner list is the same partner list from back when they had the energy business. That is tacky to me to still be listing the various energy companies as partners. And we know they have a list of HR partners like Linkedin, ADP, Indeed, Bullhorn. Why don't they list those partners on the partner page.

I expected more from AWS at NAB concerning Veritone. We read about GTM plans with AWS. Still nothing for Veritone investors to see.

Ya agreed I mean I understand why details on DOD would be scarce. But to not be touting aiWARE at all to me is not a good sign. Also to with CS’s ouster aiWARE development/adoption couldn’t have been going to well. Still don’t think even next earnings call we get much info seems like gearing up for second half. The rebranding tho could be a coming out party.

We shouldn't still have to be digging for information in obscure places. They should be bringing it front and center for all to see.

"seems like aiWARE is low in the stack and vital to AI models running efficiently."

Agree, and like you say, Veritone not interested in pumping the stock.

This article concerning Adobe at NAB, you can see that Adobe has the same aiWARE like ideas for their future.

"Adobe sees a future in which thousands of specialized models emerge, each strong in their own niche. "
https://www.newscaststudio.com/2024/04/15/adobe-generative-ai-adobe-premiere-pro-nab-2024/

You can look at the Amazon Bedrock demonstrations at NAB, and see that they are going in the same direction, all about onboarding third party AI models.

Veritone not interested in touting aiWARE. Apparently have a new version, but don't want anyone to know about it. Took aiWare off AWS marketplace. Don't even have DMH on AWS marketplace.

Well if they don't want to market it, then the benefits of aiWARE should at least show up in revenues and guidance. If they don't want to talk about it AND not showing up in revenues or guidance, then how do you assign any credibility to them.

If aiWare not in the game now, doubt it ever will be. Up to Veritone to Execute.

Maybe it's true what RS says "Demand exploding for aiWare and applications." His words mean nothing anymore. And we got enough of that unsubstantiated BS from CS. Time to Execute.

Ya true I know they haven't really even been interested in pumping the stock. But it could be viewed as a selling point to have an in with the DOD. Time will tell I'm sure it's a long process to be able to make information public when it relates to the DOD. I know they mentioned last earnings call potential gov contracts. If so, would be massive seems like aiWARE is low in the stack and vital to AI models running efficiently.

Why list that page if all of it or at least some of it no longer relevant

From the document

$249M DoD BPA to accelerate
AI capabilities of Joint Artificial
Intelligence Center (JAIC)

I guess the question is did the CDAO continue the program? I feel like an update on the contract is warranted.

Like you say I never saw it before along with other things on that site. Some new some just repeats and some just confirmations. Like lists some new Fed agencies.

Interesting the document related to the DOD case study has copyright from 2022. But I don’t think it was ever available before

Don't know if new but under Veritone Public under use cases states DoD utilizing Aiware

did you find something new

looks like DoD is utilizing the Aiware platform. So a start

I see this headline, but cannot bring up the article.

GridBeyond announces €52m in growth financing

Today's reveal was all cosmetic. Nothing coming out of NAB. Next up, earnings call.

Thanks, also new Linkedin sites for Veritone Public Sector, and Veritone Media and Entertainment.

new LinkedIn Page
https://www.linkedin.com/showcase/veritone-hire/

Hopefully PR change and enlighten us on the new capabilities from the combo and any new tech and GTM strategy for combined cos.

If you go to either Pandologic or Broadbean website, as of today you see a pop-up message that says "We’re pleased to announce that Broadbean is now Veritone Hire!" Have not found anything more though.

They said this week. Could mean any day this week

Is today the day we see something on Veritone Hire?

I guess time will tell if Ask Veri better than Alexa Siri etc. Somehow don't think so but u never know

Amazon has had major problems with Alexa.

https://arstechnica.com/gadgets/2024/04/amazon-virtually-kills-efforts-to-develop-alexa-skills-disappointing-dozens/




cut several hundred Alexa jobs back in November

Don't think so. Doesn't AWS already have Alexa?

also since DMH runs on aiWARE, would be interested to know to what extent if any aiWare being used for other AWS offerings.

agree, maybe AWS testing the waters at NAB. Would like to see a branded version of Ask Veri on display at NAB

Would be great if AWS had branded version of DMH for other than M & E

AWS video

at the 7:43 mark, they start talking about Digital Media Hub, and they have an AWS branded version of Digital Media Hub. Could explain why Digital Media Hub is not on the AWS Marketplace. https://aws.amazon.com/media/nab24-demos/nab24-demos-media-supply-chain-from-live-ingest-to-revenue-generating-highlights-nab-live-workflows-powered-by-aws/