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GBR

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Alias Born 01/02/2003

GBR

Re: KVM post# 9977

Tuesday, 02/27/2024 9:29:45 AM

Tuesday, February 27, 2024 9:29:45 AM

Post# of 10898
Certainly appears that way. But then again, as stated ad nauseam, they spent the entire 2023 and to date not even appearing to try to push aiWare.

From a public perspective, it appears they gave up on pushing aiWare as a universal AI platform back in 2022.

And all during this time, funneling millions to Chad Steelberg for ongoing aiWare development, and starting in January 2024, funneling more millions to Chad Steelberg to stand by as an advisor for aiWare.

So from our perspective, looks like Chad Steelberg is nothing but a tax on the company.

But if aiWare somehow involved with partners during the course of 2023 to present, then I can see how some type of deal on aiWare would create revenue synergies with a tie up with one or more strategic partners.

Back in 2022, Veritone said they were going to focus on their ecosystem of business, and leave the rest to partners.

So Veritone apparently spent 2023 streamlining ecosystem of businesses. And they bought Broadbean and formed Veritone Hire. So if there ends up being some type of strategic deal involving aiWare, then I can see how revenue synergies are created via a strategic tie-up.

If aiWare became part of a new entity with reputable strategic partners that have the ability to scale, then Veritone will have Veritone Hire which is already integrated into this new aiWare type entity, providing HR solutions across all industries. That's how I can see Veritone experiencing disruptive growth and cost and revenue synergies.

Bottom line though, I agree with you that if Veritone and aiWare going it alone, then aiWare definitely not catching on in AI world, and Veritone didn't even try from late 2022 to present.
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