Veritone Enterprise AI solutions leverage AWS
to process 50K customer media hours per day, equivalent to 5 years
of audio and video content, accelerating discovery
Veritone, Inc. (NASDAQ: VERI), creator of aiWARE, a
hyper-expansive enterprise artificial intelligence (AI) platform,
has announced an extension of its work with Amazon (NASDAQ: AMZN)
and Amazon Web Services (AWS) to support its Media &
Entertainment (M&E) customers. Last year, Veritone joined the
AWS for Media & Entertainment initiative that helped content
creators, rights holders, producers and distributors easily
identify industry-specific AWS capabilities and accelerate
transformation across five key industry innovation centers. By
continuing to support the AWS for Media & Entertainment
initiative, Veritone reaffirms its commitment to modernizing how IP
owners of all sizes produce, distribute and ultimately monetize
their content.
Veritone brings a portfolio of content-enabling technologies and
services that, when running on AWS, allows for end-to-end
production in the cloud. With aiWARE as the enterprise platform,
companies can build and deploy AI-powered workflows while
seamlessly integrating with their current datasets, applications
and processes.
“Working in lockstep with AWS allows us to deliver the most
current content production, management and monetization tools,
which help M&E customers to overcome the challenges of
processing digital content at greater speeds and depth with
metaverse and Web3 activations,” said Ryan Steelberg, president and
co-founder of Veritone. “Combining the power and scale of AWS along
with our aiWARE technology, applications and services ensure that
IP owners and content creators have a complete arsenal to create
and maximize revenue opportunities regardless of where they exist
or appear.”
“With Veritone, we can combine our skill sets and capabilities
to offer a revolutionized way to create and monetize content no
matter where creative workforces are located,” said Chris Blandy,
global leader of strategy and business development for media &
entertainment, AWS. “Leveraging Veritone’s AI platform on AWS,
content creators and distributors are unlocking new ways to
monetize existing libraries and create more engaging programming.
The demand for content is not slowing down, and having the ability
to identify and access the right asset immediately is essential for
meeting the demanding pace of production.”
Veritone and AWS magnify benefits for Media &
Entertainment organizations
With aiWARE serving as a foundation to incorporate AI and
intelligent workflow capabilities into a content production
environment, M&E brands can leverage aiWARE-based applications
on AWS, such as Veritone Digital Media Hub, to streamline the
management of unstructured data to activate the monetization of
their vast media archives. By automating metadata tagging and
creating intelligent and actionable media data lakes, content
creators can efficiently uncover valuable content and ensure new
assets do not become lost, allowing brands like the San Francisco
Giants and CBS News to activate decades worth of content.
“Leveraging AI to structure our digitized archive of 80-plus
years of Giants baseball history, aiWARE and Digital Media Hub have
accelerated and expanded our content projects,” said Paul Hodges,
vice president of content and entertainment, San Francisco Giants.
“As part of the Veritone ecosystem, we like how we can incorporate
more tools and capabilities as needed, future-proofing our content
production for omnichannel fan engagement including Web3.”
As the next phase of content creation becomes more immersive and
driven by “phygital” experiences, creators need tools to extend the
content lifecycle to reach and access customers wherever they are
consuming media. Veriverse, a portfolio of metaverse-ready
solutions for the Enterprise, provides that much-needed bridge
M&E brands are trying to cross to capitalize on the Web3
opportunity. Winner of back-to-back NAB Product of the Year awards
for Veritone Voice and Veritone Avatar, Veriverse adds another
layer of capability that is positioned to become industry
standard.
“Veritone Voice and the rest of the Veriverse portfolio change
how brands engage with their customers. With the ability to deploy
internationally, including in the U.K., Veritone accelerates
international product and service implementations while also taking
into account GDPR standards,” said James Poulter, CEO, and
co-founder, Vixen Labs. “From conversational AI applications to
human-driven digital personas in immersive environments, we can
truly make the digital experience feel human and authentic
anywhere.”
In addition to Digital Media Hub and Veriverse, the Veritone
portfolio of applications on AWS includes Attribute and Discovery,
broadcast solutions designed to track and search content and
provide proof-of-performance metrics. Additionally, through
Veritone One, a performance-based audio and influencer agency
creating impactful advertising for some of the world’s most
recognizable brands, and Veritone Licensing, a full-service content
licensing and clearance service activating content from some of the
world’s most sought-after archives, companies have a one-stop-shop
to implement a modern content practice to unlock their full revenue
potential.
Veritone’s artificial intelligence products and services are
available at www.veritone.com.
About Veritone
Veritone (Nasdaq: VERI) is a leading provider of artificial
intelligence (AI) technology and solutions. The company’s
proprietary operating system, aiWARE™ powers a diverse set of AI
applications and intelligent process automation solutions that are
transforming both commercial and government organizations. aiWARE
orchestrates an expanding ecosystem of machine learning models to
transform audio, video and other data sources into actionable
intelligence. The company’s AI developer tools enable its customers
and partners to easily develop and deploy custom applications that
leverage the power of AI to dramatically improve operational
efficiency and unlock untapped opportunities. Veritone is
headquartered in Denver, Colorado, and has offices in Costa Mesa,
California; London and San Diego. To learn more, visit
www.veritone.com.
Safe Harbor Statement
This news release contains forward-looking statements. Without
limiting the generality of the foregoing, words such as “may,”
“will,” “expect,” “believe,” “anticipate,” “intend,” “could,”
“estimate” or “continue” or the negative or other variations
thereof or comparable terminology are intended to identify
forward-looking statements. In addition, any statements that refer
to expectations, projections or other characterizations of future
events or circumstances are forward-looking statements. Assumptions
relating to the foregoing involve judgments and risks with respect
to various matters which are difficult or impossible to predict
accurately and many of which are beyond the control of Veritone.
Certain of such judgments and risks are discussed in Veritone’s SEC
filings. Although Veritone believes that the assumptions underlying
the forward-looking statements are reasonable, any of the
assumptions could prove inaccurate and, therefore, there can be no
assurance that the results contemplated in forward-looking
statements will be realized. In light of the significant
uncertainties inherent in the forward-looking information included
herein, the inclusion of such information should not be regarded as
a representation by Veritone or any other person that their
objectives or plans will be achieved. Veritone undertakes no
obligation to revise the forward-looking statements contained
herein to reflect events or circumstances after the date hereof or
to reflect the occurrence of unanticipated events.
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Global Results Communications for Veritone, Inc. Lora Wilson or
Valerie Christopherson veritone@globalresultspr.com +1
949-608-0276
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