Veritone Inc (VERI) 시세

my mistake


response still there.

aiWARE mentioned in this article posted today though. Just doesn't go into much detail

https://www.designrush.com/news/ai-managing-data-and-driving-change

Looks like


RS response now deleted. For some reason they just don't seem to be comfortable discussing aiWARE in public. Hope it's for good reasons.

Since the post references intelligent search, maybe the new promotional video for DMH is
a precursor to a PR on DMH 2.0.

https://www.linkedin.com/posts/veritone-media-and-entertainment_veritone-media-activity-7290117705590784000-30Gk?utm_source=share&utm_medium=member_desktop

Business Insider
Big AWS customers, including Stripe and Toyota, are hounding the cloud giant for access to DeepSeek AI models
Many Amazon cloud clients want to test and evaluate DeepSeek's AI capabilities, according to an internal AWS document obtained by BI.

I don't know

It's all a mystery with aiWARE. All I know is that Veritone likes to rally around AWS a lot. So assuming Veritone future, good or bad depends on AWS to a large degree.

And we talk about Veritone not getting anything out there. Instead Veritone content to put out PRs like today's hiring trends. But what about AWS. They were supposed to come out with the new Alexa in 2024. Were also expected to come out with Olympus. AWS is seen in the market as lagging. When back in late 2023 and early 2024 Veritone was talking about disruptive growth, assumed it had something to do with AWS. Could be that Veritone delays are due to AWS delays.

What is clear to me is that todays press release shows no sign of any desperation for Veritone to get their message out there. Think they are waiting on AWS.

If Aiware agnostic why would they limit themselves to AWS if tech was so valuable. And where is CTO of Aiware Al Brown. Seems he has nothing to say like usual.

Still going with my previous opinion

that Veritone's future, good or bad, largely depends on AWS. Veritone has been talking about going to market with AWS since 2023. Spent a lot of time gearing up for that with certifications, hiring marketing positions, etc. AI solutions group and consulting services all focused on AWS. SCA says AWS will work with Veritone in HR, M&E and Public Sector. Seems something got delayed in 2024. Just like new Alexa was delayed.

So maybe if Veritone all in with AWS, contract requires Veritone to be quiet. Maybe Veritone just following AWS lead at this point.

With all the BS Veri gave us over the years maybe just maybe Aiware is also BS. No one wants it and Veri doesn't market it. Just another episode in Fantasy land.

Why should big boys invest billions into ai tech when they can get already developed Aiware on the cheap. Can all the big boys be that stupid

So question is why would NFL or anybody sign for same capabilities with Veri if getting from AWS. Even if partnered still wouldn't pay 2 fees, would be some type of royalty deal or something along those lines. AWS quick to mention other partners etc. Never hear Veri out of them. If Aiware and Deepseek similar companies would be knocking down the doors to get tech and Veri would be screaming from high heavens about the tech. None of that happening. What is happening is 4q labor statistics.

This am PR laughable as usual.

If AWS using

DMH for search for NFL footage, wouldn't it make sense that DMH would be part of the upcoming Alexa.

Alexa is going to require intelligent search capabilities. Why would Alexa and the one for the NFL be two different search engines. Would think a lot of NFL fans would be using Alexa.

Also, looking again at Veritone comment
Signed a multi-year extension with the National Football League, providing searchable access to valuable sporting content to enrich its fan experience.


Says searchable access to enrich its fan experience. Typically when Veritone announces deals with sports groups, it is for archive footage for licensing for documentaries, etc. Not typically for the average Joe like NFL fans.

Could see the same thing with someone like CBS. Anyone with Alexa could search CBS archives for certain footage.

Yeah, and they are making very little effort
at least publicly on communicating. Not saying much in any vertical.

Have done nothing yet to kick off the year yet with any degree of excitement.

Thinking maybe a strategic transaction coming that could possibly put them on a better trajectory going forward.

E a rings still month and a half away

Sure have been quiet so far this year.

Maybe gearing up for something between now and earnings.

Would be a great time to announce these exciting LLM partnerships.

Regarding RS follow-up response.

Thx Cpeter for asking the question. When you think about what RS said there, you can see why aiWARE would have limited success to date.

these advancements in models, at reduced prices, creates more margin, performance and value for our hundeds of aiWARE customers.

When you consider compute costs, processing speed, costs of AI models, cloud expense, etc., guessing that for years it just has not been a great value proposition for customers to use aiWARE for what it is intended to be used for, orchestrating multiple AI models and ingesting/interrogating a ton of data. It probably has just been too damn expensive to use aiWARE for what it is intended. As compute costs, infrastructure costs, AI model expense goes down, while the performance improves, aiWARE becomes more attractive.

Probably why Veritone spends a lot of time marketing less complex applications like Redact. Would be interesting to know when they would expect the technology and infrastructure to mature to the point where aiWARE, used to it full potential, would become an attractive value proposition for Enterprise customers. Might still be a couple years out. But I would think that the Deepseek news will be a plus for Veritone. Should ratchet down LLM costs. And like RS said, cognitive models have come way down in price. So maybe Veritone might become more attractive as the market matures.

Once again,

today's post is just another example that they are not promoting their platform publicly, and have not been 2 maybe 3 years. So can probably stop expecting it to happen.

Think it is all about partners now. imo, Veritone future good or bad, largely depends on the AWS/Veritone relationship. These days, RS says it is all about applications.

I think DMH 2.0 contains the aiWARE tech that could be considered Veritone's differentiating capabilities, and they haven't even announced DMH 2.0.

But with the NFL example, looks like AWS is providing a white label DMH version. Also, Veritone partner Adobe just came out with those same search capabilities in beta. https://www.makeuseof.com/adobe-ai-caption-translation-and-search-tools/

So guess we will have to see if any of this shows up at earnings call, or possibly increased guidance.

Why not get PR out tonight not tomorrow or not on next decade saying Aiware and Deepseek do similar things. Doubt it veri much.

Yeah, that post would
have been a great time to brag about capabilities. Nope.

RS comments on it today that they predicted this 8 years ago but never states Veri or Aiware can do what Deep Sake does. If he did the stock proce would be $300+

Still keeping it a secret from 8 years ago

I was wondering if it is Nate Checketts who used to be on the Veritone board. They look similar

but I don't know.

Ya interesting I never heard of that person before and not sure how they are involved with Veritone. I think if we don’t hear from Veritone soon then maybe we can assume the technology really is crap.

post on twitter

https://x.com/hendo19/status/1883803734897238122

It’s interesting that the secret to Deepseek is the same thing we built 8 years ago at Veritone - orchestration between deep AI expertises.

AGI is the coordination layer.

Yeah, RS once said

let the LLMs battle it out. aiWARE can work with any model.

If LLM wars push prices down, maybe that helps to increase enterprise adoption of applications.

But means nothing if Veritone can't execute. Their communication has been just pathetic.

I wonder if this Deepseek model forces investors to diversify. The infrastructure companies will take a hit. Maybe some will question the LLM approach and look elsewhere for innovation. I think it's as good a time as ever to start really pushing aiWARE capabilities.

Would be a way worse situation though lol

Maybe tech not that good. Would explain everything

Can't argue with that, which again raises the question. Are they just that stupid?

Hired Seth Greenberg in 2023 and instructed him to do nothing. Then hired Maria Moore and instructed her to do nothing. Have not heard a CMO speak since Scott Leatherman.

Just hard for me to believe that it is all attributed to stupidity or incompetence. Must be an underlying reason to not be communicating with the investment community and being more public about capabilities, which has been going on from 2023 to present. Makes no sense at all unless underlying reason.

A BTW I think talk and getting company out there is better than the silent strategy that they employ.

Well right now all I see are declining revenues, stock offerings, and debt accumulation and all the rest of speculation on partnerships and contracts and what not is all talk or in Veri's case silence is just that. Like I said Veri seems at least to me a tired and boring company in a hot ai environment.

chatgpt was released in late 2022, and created a firestorm.

RS took over in January 2023. Why do you think it is that when RS took over they stopped talking about aiWARE. Even had an interview with Al Brown back in 2023, and he said nothing about aiWare capabilities.

Why is that? Is it because they just are not smart enough to know that if you want to sell something, you have to talk about it?

Over the years Veri had plenty of applications ie Ask Veri, Veriverse etc that were promoted and nothing ever became of them. Aiware and DMH are only ones that have seemed to stuck. DMH not a real money maker and IMO has growing competition. Aiware hasn't generated any revenues or interest that we know about. And competition has caught up and surpassed. If Aiware was so great and unique would have had alot of interest in way of a buyout or partners or customers. Anthropic and Open Ai have multiple big investors. Aiware doesn't seem to have anything. I think AWS DMH will slowly eliminate Veri DMH.
So until Veri announces some of these LLM partnerships and Fed contracts which don't seem to be imminent I think Veri remains in the tank.

Generally speaking

when I think about back in the Chad Steelberg days, aiWARE, being a next generation platform was going nowhere. Couldn't scale aiWARE back then because of all the compute costs associated with orchestrating AI models. Probably didn't have all the cloud architecture in place. Didn't have the chips up to snuff. Think in order for aiWARE to be successful, have to have all the infrastructure built out. I think Veritone has always had to have partnerships.

That's why back in 2022, when RS said we've decided that the Fed business requires a partner approach, thought that was strange, because it always required a partner approach. It was Deloitte that worked with them to get aiWARE on Fedramp. They were already working with AWS Microsoft, etc, before CS stepped down and RS focused on ecosystem. I think RS took over to focus on ecosystem because partnership agreements were established in 2022. Don't think aiWARE goes anywhere without partners.

But now things are being commercially deployed on an enterprise level.

As RS stated in the Schwab interview, the infrastructure has been built, now have a runway. Well, no excuses now imo. aiWARE as a next generation platform has now become a current generation platform. Absolutely need to see evidence that aiWARE has arrived between now and March imo.

According to the article:

This generative AI-powered media retrieval system has been in use for just the first few months of the 2024 NFL season.

NFL season started in September. Could also be a trial period in place, so no revenues.

It seems clear to me that Veritone's financial future depends on the relationship with AWS to a great degree. Even if AWS using aiWARE and DMH tech, we have no idea what the revenues will be.

We know from that AWS/Veritone blog post back from May Veritone enhanced search capabilities. Ask Veri has dropped off the face of the earth after NAB show. But then in August announced the SCA with AWS.

Doesn't make any sense to me why Veritone would not be more publicly vocal about their AI and search capabilities, unless tied to some partnership that requires them to keep quiet.

Veritone will tell you about Redact. or Contact analytics, or Broadbean job distribution. But never want to tell you about their aiWARE capabilities. Why develop DMH 2.0 and then not want to talk about it.

Bottom line is they better have something for us between now and March earnings, whether via announcements, or whether it shows up in the form of revenues and guidance.

RS has not publicly espoused aiWARE capabilities since he took over, and here we sit under 3 bucks. Miserable. But if have to keep quiet because of partners, then we need to be informed soon, since it appears everyone heading in the direction that Chad had been talking about since day one.

If true is Veri getting paid for their capabilities. Up to now don't think so.

Interesting that Maria Moore just reposted this.

Why?

https://www.linkedin.com/posts/conorgrennan_breaking-openai-has-released-ai-agents-ugcPost-7288287296993255424-6ndO?utm_source=share&utm_medium=member_desktop

Have anything to do with Zemetra's comments on the exciting partnerships with LLMs and cloud providers?

If you look at this support page on "The future of DMH" it says
they are going to be rolling out the new DMH (DMH 2.0) over the course of the year. That was 2024. But part of the new DMH is Intelligent Search.

Intelligent search: Our primary feature enhancement for Digital Media Hub is a new search experience, specifically ways to showcase or highlight specific moments within media clips, along with introducing semantic search capabilities. Surfacing moments will allow us to promote our AI capabilities and eventually allow users to understand the intersection of multiple data sets.

So it says there that intelligent search will allow them to "promote our AI capabilities"

Still have not issued any PR on DMH 2.0. But I am going with the thought that aiWARE or DMH 2.0 is involved with the new NFL search capabilities. It ties in with the Veritone/AWS SCA which is to provide scalable cloud architecture for AI/ML. I assume it uses AWS tools, but based on Veritone capabilities. https://support.veritone.com/s/article/000004594?language=en_US

Yea doesn't make any sense

This article is back from November or December and basically describes what was in today's AWS blog post.

https://www.wired.com/sponsored/story/will-the-nfls-push-into-genai-transform-how-we-see-sports/

Right. And this blog come after
the May blog where Veritone had improved their search capabilities with AWS.

And not long ago, someone from AWS described Veritone as having a cutting edge search engine.

So don't know if Veritone is in partnership with AWS with respect to todays AWS blog post.

But clearly, AWS giving no credit to Veritone.

But why would the NFL sign a multi year search deal with Veritone, if can just use AWS.


Pretty sure what is described in that blog post was happening before Veritone announced their earnings in November. So unless Veritone is lying about the multi year agreement with NFL, guessing Veritone is partnered with AWS on it.

No mention of Veri 

The November 12, 2004 Earnings PR included this:

Signed a multi-year extension with the National Football League, providing searchable access to valuable sporting content to enrich its fan experience.


Today AWS posted this blog.

NFL Gameplay Media search powered by AWS: A tech deep dive
https://aws.amazon.com/blogs/media/nfl-gameplay-media-search-powered-by-aws-a-tech-deep-dive/

I think RS made an interesting comment during that recent interview. He mentioned how Veritone started an energy application basically because the market wasn’t mature enough to adopt aiWARE. But yes they definitely overextended themselves and now are trying to refocus.

Veritone not demonstrating revenue growth.

But IMO have created a pretty impressive ecosystem of partner integrations and enterprise customers that at the very least, have aiWARE in their hands. Would seem to me that if Veritone is unable to make something out of this ecosystem, then somebody else will. Somebody could come along and inject credibility into aiWARE, and immediately have all these 3000 plus customers ready to go. Hard for me to believe that Veritone is just going to die and have this vast ecosystem die along with it. Veritone in survival mode due to poor financial management. Basically all started with the disastrous acquisition of Pando. Amazon literally gutted them, and CS failed to establish adequate safeguards against losing this customer.

But now the market, as cpeter alluded to is getting away from the LLM hype and now seeing the value of marrying LLMs with domain specific data. Don't know why this Veritone ecosystem and aiWARE would not have value this year.

Agreed Verses AI is sketchy as a company. But focusing on Friston and his accomplishments I think there is something worth exploring.

We’ve been hearing about how close these DOJ and DOD contracts are since the summer. It seems like the companies survival is dependent on them. I agree if substantial the stock could fly and the reputation of Veritone completely changed.

CS was a hype machine, no question about that. And in hindsight, proved to be misleading to investors. Goes to show that hype can only get you so far.

That's why I would be just as cautious about Versus going forward, as Veritone.

Both Veritone and Versus focused on so-called "next generation" platforms.
At least under Chad's hype, they were able to raise a significant amount of capital, and bought legitimate businesses. Have they done anything with those businesses? No. LOL. But at least have something to show for their capital raises, and have real business relationships with reputable customers. Versus still mostly a concept company, and I would think a long way to go towards commercial grade enterprise adoption.

Veritone supposedly on the verge of DOJ and DOD announcement, which if executed, would validate aiWARE and applications in a big way.

One thing highlighting capabilities to investors but quite a different story hyping capabilities to potential customers. Don't think they are doing either. How do we know that cause revenues keep falling every quarter.