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Thursday, December 07, 2023 12:11:53 AM
As far as aiWare and these other platforms coming out. Interesting how Veritone supports AWS. Partnering on media and entertainment. Joining their center of excellence. Saw AWS post about their deal with PGA golf and liked by RS. Why is Veritone so affectionate towards AWS as they release Bedrock with aiWare like features and also have a deal with PGA to do the things Veritone does for sports.
When you think about these huge companies coming out with platforms with aiWare like features, it's easy to see how Veritone would have a hard time competing with them on the platform level. Snowflake and Amazon can provide a ton more features and could easily just give customers the aiWare like features for free. Guessing this is not about competing platforms but all about licensing IP. And the big dogs will play hard ball when it comes to negotiating license agreements. Probably why Amazon put the brakes on pando services. But as far as licensing goes, I think Veritone had done a good job of establishing the credibility of their IP. They have the Deloitte reseller agreement, they have some pretty big customers that are using aiWare and also government contracts. So for a small company with no credible backing, think they are still a Factor to be reconned with as far as IP.
Recent VERI News
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