Momentum Builds For Veritone (VERI) Following Introduction Of New Solution

In the latest scrutiny of the ongoing session, Veritone, Inc. (NASDAQ: VERI) witnessed a notable surge in its shares, marking an increase of 18.36% to $5.93. This uptrend in Veritone’s stock value follows the unveiling of a novel product.

Veritone (VERI) has introduced Ask Veri, an innovative conversational intelligence solution designed to empower users of the Veritone Digital Media Hub (“DMH”) to swiftly derive actionable insights. This tool is poised to facilitate the execution of dynamic workflows utilizing generative AI-driven chat-based functionalities, thereby enhancing user efficiency.

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Ask Veri represents an integrated addition to Veritone’s aiWARE platform, slated for broad availability across a spectrum of Veritone’s commercial and public sector applications. Positioned as a value augmentation for DMH, an acclaimed media asset management and monetization tool, Ask Veri capitalizes on generative AI capabilities to promptly address inquiries, furnishing customers with comprehensive analyses, insightful synopses, and critical discoveries pertaining to their digital media repositories.

Targeting media professionals grappling with the initiation of their content endeavors, Ask Veri’s diverse query capabilities promise to expedite the comprehension of media asset data, fostering competitive edge within the market landscape. Its emergence aligns with the prevalent utilization of generative AI in content generation, addressing a pertinent need in the industry.

By obviating the necessity for numerous data analyst resources or reporting instruments, Ask Veri streamlines the content management experience for DMH clientele, spanning TV networks, studios, production entities, and archival facilities. Consequently, customers can expeditiously make well-informed decisions, accentuate top-performing content, optimize audience engagement, and extract value from existing media reservoirs.

In the dynamic milieu of media operations, characterized by shrinking content lifecycles, Ask Veri assumes significance as a discerning ally for media professionals, facilitating efficient data exploration and activation. Veritone plans to showcase Ask Veri at the 2024 NAB Show in Las Vegas, scheduled from April 13 to 17, at Booth #W1642 within the Las Vegas Convention Center West Hall.

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