Veritone Launches Ask Veri to Empower Customers to Talk to Their Data for Actionable Insights and Workflow Activation

New Generative AI media intelligence and natural language tool enables democratization of data exploration and activation to provide value from content investments

Veritone, Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions, today launched Ask Veri, a new conversational intelligence solution that empowers Veritone Digital Media Hub (“DMH”) users to quickly extract actionable insights and execute dynamic workflows from their media archive data through a generative AI-enabled, chat-based tool. Ask Veri is an integrated solution on Veritone’s aiWARE platform, and soon will be available across the majority of Veritone’s commercial and public sector applications.

An enhancement for DMH, Veritone’s award-winning media asset management and monetization tool, Ask Veri leverages generative AI to swiftly respond to queries and can provide customers with in-depth analysis, insightful summaries, and key findings for their digital media collection. With Ask Veri, customers can formulate their own questions, such as “What is the trend of monthly user activity,” or “Source all available footage of Caitlin Clark during the NCAA tournament,” or use the interface’s intuitive, suggested queries to remove guesswork and provide a starting point for gathering the right content insights.

“With content production and consumption at an all-time high, media professionals face the overwhelming challenge of organizing and activating an abundance of data. Ask Veri leverages Veritone’s industry experience and extensive knowledge base to provide both open-ended and template query prompts for DMH customers,” said Sean King, General Manager for Veritone Media and Entertainment. “For media professionals who aren’t sure where to start in their content journey, Ask Veri’s versatility in query type can help them quickly make sense of their media asset data and help them stay ahead in the market.”

Ask Veri comes at a time when one of generative AI’s most prominent use cases is content creation. Gartner® Emerging Tech: Tech Innovators for AI Generated Content (published September 6, 2023) notes that “By automating the process of generating natural language descriptions of data, organizations are saving time and resources while still gaining valuable data insights.”¹

Ask Veri streamlines the overall content experience for DMH customers – including TV networks, studios, production companies, and film and studio archivists – by eliminating the need for multiple data analyst resources or reporting tools. As a result, customers can quickly make informed decisions to highlight high-performing content, optimize engagement, and drive value from existing media assets.

King continued, "In today’s fast-paced media landscape, where the content lifecycle is shrinking, Ask Veri is a valuable data exploration and activation ally for media professionals, enabling them to explore, analyze, and comprehend their report data more effectively, identify patterns in media usage, and recognize engagement trends among media buyers.”

Veritone will showcase Ask Veri during the 2024 NAB Show in Las Vegas from April 13 to 17, in Booth #W1642 in the Las Vegas Convention Center West Hall.

Ask Veri will be commercially available in the second quarter of 2024.

To learn more about Ask Veri and other Veritone solutions at the NAB Show, visit: www.veritone.com/nab-2024

About Veritone

Veritone (NASDAQ: VERI) designs human-centered AI solutions. Serving customers in the talent acquisition, media, entertainment and public sector 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 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.

¹GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

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