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Veritone (VERI) Wins Air Force Contract for AI-Powered Investigative Solutions
Veritone (VERI) Wins Air Force Contract for AI-Powered Investigative Solutions

Yahoo

time12-07-2025

  • Business
  • Yahoo

Veritone (VERI) Wins Air Force Contract for AI-Powered Investigative Solutions

Veritone, Inc. (NASDAQ:VERI) is one of the most popular AI penny stocks to buy according to billionaires. On June 25, the company won a sole-source contract from the Department of the Air Force to support the Air Force Office of Special Investigations (AFOSI). The contract, awarded on the day of announcement, spans one year with four additional option years. The U.S. Air Force Office of Special Investigations (AFOSI) is using Veritone's AI tools—aiWARE and iDEMS—to improve how it handles investigations and security tasks. These systems will help automate work, manage digital evidence faster, and track important data in real time. This will support the Department of Defense's efforts to modernize law enforcement and strengthen national security, with AFOSI taking the lead in rolling out the technology. Veritone, Inc. (NASDAQ:VERI), is an enterprise AI company. It develops and operates aiWARE, an AI operating system that transforms unstructured data into actionable intelligence. It serves sectors including media, public safety, and government. While we acknowledge the potential of VERI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Top 10 Materials Stocks to Buy According to Analysts and 10 Best Defensive Stocks to Buy in a Volatile Market. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio

Veritone (VERI) Wins Air Force Contract for AI-Powered Investigative Solutions
Veritone (VERI) Wins Air Force Contract for AI-Powered Investigative Solutions

Yahoo

time12-07-2025

  • Business
  • Yahoo

Veritone (VERI) Wins Air Force Contract for AI-Powered Investigative Solutions

Veritone, Inc. (NASDAQ:VERI) is one of the most popular AI penny stocks to buy according to billionaires. On June 25, the company won a sole-source contract from the Department of the Air Force to support the Air Force Office of Special Investigations (AFOSI). The contract, awarded on the day of announcement, spans one year with four additional option years. The U.S. Air Force Office of Special Investigations (AFOSI) is using Veritone's AI tools—aiWARE and iDEMS—to improve how it handles investigations and security tasks. These systems will help automate work, manage digital evidence faster, and track important data in real time. This will support the Department of Defense's efforts to modernize law enforcement and strengthen national security, with AFOSI taking the lead in rolling out the technology. Veritone, Inc. (NASDAQ:VERI), is an enterprise AI company. It develops and operates aiWARE, an AI operating system that transforms unstructured data into actionable intelligence. It serves sectors including media, public safety, and government. While we acknowledge the potential of VERI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Top 10 Materials Stocks to Buy According to Analysts and 10 Best Defensive Stocks to Buy in a Volatile Market. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio

Veritone Awarded Sole Source Contract from the Department of the Air Force in Support of Air Force Office of Special Investigations
Veritone Awarded Sole Source Contract from the Department of the Air Force in Support of Air Force Office of Special Investigations

Business Wire

time25-06-2025

  • Business
  • Business Wire

Veritone Awarded Sole Source Contract from the Department of the Air Force in Support of Air Force Office of Special Investigations

DENVER--(BUSINESS WIRE)-- Veritone, Inc. (NASDAQ: VERI), a leader in building human centered enterprise AI solutions, today announced it was awarded a sole source (one year plus four years) contract with the Air Force Office of Special Investigations (AFOSI). Under the contract, Veritone's aiWARE TM platform, Intelligent Digital Evidence Management System (iDEMS) and professional services will provide AFOSI with advanced investigative and information capabilities to enhance and accelerate data analysis and workflows, investigative activity across several mission areas, and situational awareness. Veritone's aiWARE platform, which currently supports hundreds of enterprise customers, is an AI operating system that intelligently and securely orchestrates hundreds of best-of-breed cognitive and generative models in a single cloud-based or on-premise solution. It serves as the platform behind this initiative, enabling users to transform extensive volumes of textual data and unstructured video and audio data into actionable insights. Built on aiWARE, iDEMS is a comprehensive, purpose-built applications suite for the public sector that leverages AI to streamline the management and analysis of digital evidence, providing AFOSI with powerful forensic tools to handle vast amounts of data quickly and accurately. 'We are honored to support the Air Force Office of Special Investigations with Veritone's AI-powered solutions,' said Ryan Steelberg, chairman and chief executive officer, Veritone. 'By combining AI-driven automation, digital evidence management, and near real-time tracking, we can help enhance decision-making, operational efficiency and investigative effectiveness for national security applications.' Jon Gacek, general manager, Public Sector, Veritone, commented, 'This contract further expands Veritone's existing role with AFOSI as a trusted solution provider for the U.S. Department of Defense and law enforcement agencies. By leveraging our aiWARE platform and iDEMS suite, we are equipping AFOSI with cutting-edge AI applications to modernize investigative workflows and strengthen operations. We look forward to supporting their mission with scalable, secure and rapidly deployable AI-powered capabilities.' The agreement marks another milestone in Veritone's expanding role within U.S. federal law enforcement and defense agencies, providing AI-powered solutions tailored to mission-critical applications. Veritone recently achieved 'Awardable' status through the Chief Digital and Artificial Intelligence Office's (CDAO) Tradewinds Solutions Marketplace, which includes the availability of Veritone's Illuminate, Redact and Track solutions in the Tradewinds Marketplace. As AI adoption accelerates in the public sector, Veritone continues to deliver secure, scalable, and intelligent technologies that enhance operational effectiveness across investigative and defense landscapes. To learn more about Veritone's Public Sector solutions, visit: About Veritone Veritone (NASDAQ: VERI) builds human-centered enterprise AI solutions. Serving customers in the media, entertainment, public sector and talent acquisition industries, Veritone's software and services empower individuals at the world's largest and most recognizable brands to run more efficiently, accelerate decision making and increase profitability. Veritone's leading enterprise AI platform, aiWARE™, orchestrates an ever-growing ecosystem of machine learning models, transforming data sources into actionable intelligence. By blending human expertise with AI technology, Veritone advances human potential to help organizations solve problems and achieve more than ever before, enhancing lives everywhere. To learn more, visit 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.

Veritone to Participate in J.P. Morgan's 53rd Annual Global Technology, Media and Communications Conference
Veritone to Participate in J.P. Morgan's 53rd Annual Global Technology, Media and Communications Conference

Yahoo

time30-04-2025

  • Business
  • Yahoo

Veritone to Participate in J.P. Morgan's 53rd Annual Global Technology, Media and Communications Conference

DENVER, April 30, 2025--(BUSINESS WIRE)--Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced that Ryan Steelberg, President and Chief Executive Officer, will participate in a fireside chat at J.P. Morgan's 53rd Annual Global Technology, Media and Communications Conference on Thursday, May 15, 2025, at 8:00 AM ET / 5:00 AM PT in Boston, MA. A live webcast of the presentation will be accessible on the News & Events section of Veritone's investor relations website. For additional information or to schedule a one-on-one meeting with Veritone management, please contact your J.P. Morgan representative or investors@ About Veritone Veritone (NASDAQ: VERI) builds human-centered enterprise AI solutions. Serving customers in the media, entertainment, public sector and talent acquisition industries, Veritone's software and services empower individuals at the world's largest and most recognizable brands to run more efficiently, accelerate decision making and increase profitability. Veritone's leading enterprise AI platform, aiWARE™, orchestrates an ever-growing ecosystem of machine learning models, transforming data sources into actionable intelligence. By blending human expertise with AI technology, Veritone advances human potential to help organizations solve problems and achieve more than ever before, enhancing lives everywhere. To learn more, visit View source version on Contacts Company: Mike ZemetraChief Financial OfficerVeritone, IR Agency: Cate GoldsmithProsek Partners914-815-7678cgoldsmith@

Veritone to Participate in J.P. Morgan's 53rd Annual Global Technology, Media and Communications Conference
Veritone to Participate in J.P. Morgan's 53rd Annual Global Technology, Media and Communications Conference

Associated Press

time30-04-2025

  • Business
  • Associated Press

Veritone to Participate in J.P. Morgan's 53rd Annual Global Technology, Media and Communications Conference

DENVER--(BUSINESS WIRE)--Apr 30, 2025-- Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced that Ryan Steelberg, President and Chief Executive Officer, will participate in a fireside chat at J.P. Morgan's 53rd Annual Global Technology, Media and Communications Conference on Thursday, May 15, 2025, at 8:00 AM ET / 5:00 AM PT in Boston, MA. A live webcast of the presentation will be accessible on the News & Events section of Veritone's investor relations website. For additional information or to schedule a one-on-one meeting with Veritone management, please contact your J.P. Morgan representative or [email protected]. About Veritone Veritone (NASDAQ: VERI) builds human-centered enterprise AI solutions. Serving customers in the media, entertainment, public sector and talent acquisition industries, Veritone's software and services empower individuals at the world's largest and most recognizable brands to run more efficiently, accelerate decision making and increase profitability. Veritone's leading enterprise AI platform, aiWARE™, orchestrates an ever-growing ecosystem of machine learning models, transforming data sources into actionable intelligence. By blending human expertise with AI technology, Veritone advances human potential to help organizations solve problems and achieve more than ever before, enhancing lives everywhere. To learn more, visit View source version on CONTACT: Company: Mike Zemetra Chief Financial Officer Veritone, Inc. [email protected] IR Agency: Cate Goldsmith Prosek Partners 914-815-7678 [email protected] KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS COLORADO INDUSTRY KEYWORD: NETWORKS DATA MANAGEMENT TECHNOLOGY ARTIFICIAL INTELLIGENCE SOFTWARE SOURCE: Veritone, Inc. Copyright Business Wire 2025. PUB: 04/30/2025 04:25 PM/DISC: 04/30/2025 04:24 PM

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