Veritone Inc (VERI)

[GBR]

A lot of cuts this year already came from aiWare division. I doubt there is a future for Veritone and its aiWare platform. But I think they saw the writing on the wall for aiWare a long time ago. Veritone is better off developing and working off someone else's platform like Google Vertex AI. Possbile that some aiWare capabilities might be desirable to companies such as Google. Don't think they would get much money for aiWare, but could strike deals that give these companies aiWare capabilities in return for them helping bring Veritone solutions to market such as HR tech.

Bottom line, aiWare has been a major expense, and just ridding themselves of aiWare alone would push the stock up. jmo

Also believe the new consulting contract for Chad was solely for the purpose of buying him off the Chairman position.