Veritone Inc (VERI) Quote

Veri's area of focus is Ai wilderness guide.

Don't think that is veritones area of focus. My guess is no.

I'm not sure but is there a scenario or use case for veri that would prevent or allow to circumvent a CRWD MSFT debacle?
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Yea that's for sure.

remaining 75% of shareholders have been teed off for over 2 years now.

Don't think so. Remaining 75% of stockholders will be teed off.

Or Steelbergs just take it private at 3 bucks.

Pink sheets first stop

Climb aboard the rocket ship Veri

Veri best kept secret in Ai. At least consistent in marketing approach or should I say lack of. MC of 100 mil with 150 mil in revenues. Can't even generate 1x revenue MC. Pretty disgusting in this Ai frenzy.

And or Deliotte....!!)

It also gives Deloitte the ability to develop its own applications to customize solutions for virtually any use case,



https://finance.yahoo.com/news/veritone-achieves-three-peat-deloitte-123000607.html

They added Attribute to AWS Marketplace today.

Again, says powered by aiWARE.

But ever since RS took over, don't like to talk about aiWARE.

And Veritone Investigate still says "Built on enterprise-grade architecture powered by AWS Commercial "

And the recent video with AWS and Sean King
What Does The Future Hold? ... Veritone and AWS - Scalable cloud architecture for AI/ML"

As frustrating as it is not to get more details on where they are going with aiWARE, I still find it hard to believe that omitting aiWARE from their marketing efforts is because of incompetence.

It could be argued that they don't discuss aiWARE publicly anymore for the simple reason that aiWARE sucks and is not a competitive platform. If so, then why do they still say powered by aiWARE, and why do they still mention aiWARE in the company description of each press release. If aiWARE sucks, why even mention it at all? And why pay millions to CS.

I'm not saying that success is guaranteed, but it still looks to me like they have some aiWARE collaboration with AWS that they are still not revealing.

Should really be reclassified as a not for profit company.

And there u have it another PR on 2q labor statistics. Very sad

And finance it all by taking from investors at expense of revenue generation. Go figure

Want to be Best kept secret in Ai and Ai wilderness guide. Not interested in generating revenues.lol

How do you do that when they don't make it available.

Stock is aimless, with nobody in control of the reins.

Maybe you should ASK VERI? !!)

Why not update the website to include Veri. Wins a best of show award at NAB, then nothing.

Yeah if going it alone, then obviously a lousy job of it. Not even trying to promote themselves. Don't get it.

They don't seem to want their stock to be involved with the AI hype at all. Doesn't look like preparing for a public offering to me. But to say demand exploding back in March, then nothing is ridiculous. Where is Veri? Where is Veritone Hire? Where is aiWARE? Nothing.

Looks like updated some other sections also. Just my opinion but looks like going it alone and EC will be road show and shortly thereafter we get stock offering. Hope I'm wrong but that's the way looking for me.

Finally updated investor section of website. Maybe more updates to follow.

Can't argue with anything you said. And as you say something has to happen soon. The next move with regard to the balance sheet will show their cards, good or bad.

They also have no credibility in the investment/ capital community cause of the con job that they did on the convertible debt holders who at this point would do anything to get out of Veri including selling at 50% on the dollar. Only choices are usury loans with ridiculous dilution and not even sure any loan shark even wants to do that or stock offering, yet no roadshow. Any partner investment would have been completed long ago. So not too many options.

Something as simple as updating their websites and they can't even do that. How are they going to handle the bigger picture. Answer is obvious.

After 10 years there should be no more speculation about direction. It's difficult to anticipate their next move when constantly shooting from the hip. Business plan should have been solidified years ago. They perform and act like a start up with disgraceful mgt and unclear path forward.

And AWS not afraid to mention other partners like Anthropic etc. But never mention Veri. Got to be a reason and can't be good.

Bottom line with all the maybe(s) and I think(s) and IMOs they are running out of cash, debt going no place and lack of revenue growth and profitability making the situation worse by the day. Their lack of concern and urgency is appalling. Whether have something in the works and lack of transparency is also appalling and almost criminal. Their backs are too the wall and it seems they don't even realize it. Something has to happen in the next month when cash is totally depleted. Whether good or bad they need cash to continue . At this point we get a stock offering at bargain sale prices. But maybe in reality at fair value. Either way sad.

Maybe that architecture is also part of the Veritone Hire integration, and why taking so long.

"What Does The Future Hold? ... Veritone and AWS - Scalable cloud architecture for AI/ML"

Maybe this is the catalyst for "disruptive growth". Whenever it gets announced.

I think aiWARE is viable, but I believe it's obvious by now that the underlying technology is not so unique and original that it is critical to anyone.

I think Amazon is just too powerful for Veritone as far as AI platform goes. Veritone not only a small company, but spread way too thin, and with a bad balance sheet.

Think this is a classic case of "if you can't beat 'em, join 'em. So maybe some collaboration around aiWARE integration with Bedrock, etc. AWS will maybe help Veritone sell applications, and send some consulting work their way.

Just my opinion, but the Chad Steelberg pie in the sky aiWARE dreams are over. Yeah maybe some Fed contracts centered around Veritone applications. And could still see something significant around Veritone Hire.

But the revenue possibilities are centered around applications and consulting, not platform. jmo

They're held hostage by Amazon no question about that...
For what and how long is anyone's guess.
And as someone else said before ..
Big. big IF... a federal deal of significance comes along they may tell Amazon to fuk off

One thing it does say under the display that says "What does the future hold?" It says Veritone and AWS: Scalable Cloud Architecture for AI/ML So it does look like there is some collaboration maybe with aiWARE. But nothing said about it.

Interview with AWS

You can jump to the 13:40 mark. Sounds like Ask Veri is now just Veri. Putting M&E applications on AWS Marketplace. Other than that, he mentioned nothing else, other than consulting. aiWARE not mentioned at all. What is Chad getting paid for?

I have literally begged them both to jump off a bridge and die a painful death..
But they won't do that either.. Lol

Been awaiting the Fedramp revenue for years and years now.
We've been BS'd til the moon turns green.
Spent tens of millions of RnD still nothing but... "very soon" garbage from the bloviating evangelist Chad.. And Ryan too

And I guess the only way for Vertione to assert a footing is if something happens in government. Like a deal with the CDAO or something substantial around FOIA. Which may be what they are waiting for??

And I do believe it's AWS pulling ALL the puppet strings

I suspect as most Titans would..... not allowing a pimple of a company to be the focus of any attention insofar as a codependent necessity

In order to survive, they had better be part of someone else's roadmap. This makes the most sense to me.

If going it alone, just lame as hell, and dragging on what is obvious doom. Just do a deal already, so we can all move on, including the employees.

Interesting Amazon release yesterday

https://analyticsindiamag.com/aws-new-app-studio-is-powered-by-titan-anthropics-claude-models/




https://aws.amazon.com/app-studio/

I have consistently berated the Bro's directly on this very issue and while I know they're not ignoring the obvious or lacking intellect, the result never changes..
Rs has whatever plan and he's sticking to it in the face of contrarian thinking

Even a lame PR this morning would have put the stock over 3.30 today.

Never seen so much C-suite apathy to the share price in all my days as an investor.

Yes and I feel like for this sort of realization to take effect and to actually change the direction of business investment will take 6-12 months. But hopefully Veritone is ahead of this because realistically they probably don't have enough funding to last that long.

Recognizing that LLMs are insufficient on their own to drive the change that was promised.

Precisely what aiWARE is supposed to help solve. Yet, absolutely nothing in the way of marketing this message since RS took the helm.

Can only hope there has been strategic reasons behind this.

https://www.goldmansachs.com/intelligence/pages/gen-ai-too-much-spend-too-little-benefit.html

I feel like if this sort of realization hits the business community at large it could actually be a long term benefit to Veritone and aiWare at large. Recognizing that LLMs are insufficient on their own to drive the change that was promised. Time will tell but hopefully Ask Veri is a tool that will actually provide value for customers. The delay on its release is typically of Veritone but hopefully they get it out soon.

From the last EC

Ask Veri empowers Veritone Digital Media Hub, or DMH, users
to quickly extract actionable insights and execute dynamic workflows from their media archive and is an
integrated solution on Veritone’s aiWARE platform. We are thrilled to announce that Ask Veri will soon
be available across the majority of Veritone’s commercial and public sector applications.

Now over 2 months since this statement, and still missing in action. That quote pretty much sums up their generative AI effort. And still, you can go to their page on DMH and not find anything relating to generative AI. Nothing on integration with aiWARE. Nothing. And if soon available across majority of applications, still nothing on Veritone Hire and any integration with Ask Veri. My opinion is that possibly this is all being held back due to efforts to pursue a strategic transaction, a merger or tie up of some sort.
Otherwise, don't know what to say, but obviously not going anywhere if going it alone. Doubt companies like CBS will be waiting around for Veritone. Meanwhile, passing out promotions and checks to CS. Things have to be happening now or die. But not to at least be talking about it in social media, website, or blog posts is a mystery.

Amen

right

Everyone getting promotions, Chad getting fat checks. Long overdue to get something to the shareholders.

Don't hold your breath. But we shall see. And you mean a meaningful PR.