Veritone is a provider of enterprise artificial intelligence (AI) solutions. Its proprietary operating system, aiWARE, orchestrates an ecosystem of machine learning models to extract actionable intelligence from various data sources like audio, video, and text. Veritone's AI platform provides applications and services tailored to industries such as media and entertainment, legal and compliance, and government sectors.
The company's key offerings include the Veritone Voice synthetic voice solution, Digital Media Hub for intelligent media management, AI applications for law enforcement like redaction and evidence management, and AI models for tasks like transcription and object detection. In May 2022, Veritone's aiWARE platform was selected by the Department of Defense Joint Artificial Intelligence Center for a USD 249 million agreement to accelerate AI capabilities and test & evaluation programs.
Veritone has made strategic acquisitions over the years to enhance its AI capabilities, such as Machine Box (2018) for training data creation and VocaliD (2022) for personalized synthetic voice models. The company reported revenues of USD 50 million in 2019.
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