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Monday, October 03, 2022 10:21:33 AM
The growth in aiWare last quarter was encouraging. Amazon lack of hiring and the economy are the two primary problems.
It seems clear that they are not marketing aiWare as a product. It's a capability that can be integrated into other platforms. They're not going to announce these integrations and steal the show from their customers' AI platforms. It just needs to show up as revenues.
Another problem is that the federal government cannot get their $hit together with respect to AI.
The new website kind of hints at a new direction. Veritone going to focus on Veriverse, Veritone One, Pando, and Veritone licensing. Everything else including energy and aiWare enterprise AI platform licensing being pursued with with partners.
Looks like they are going to bring Pando in house. Maybe aiWare and enterprise AI licensing are going in a new direction? Spinoff?
Just seems that some sort of reorg is in the works. Hope it includes one or more large partners interested in scaling aiWare, and hope it doesn't mean restructuring charges.
Will say again there has to be interest out there in at least parts of the business.
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