Veritone Inc (VERI)

[GBR]

your comment:

Seems Ai market not warming up to an operating system(Aiware) as evidenced by Veri Ai consulting Group.

From the May 7th consulting group PR.

By combining human expertise with aiWARE™ technology, the newly formed group will empower businesses on their digital transformation journey through custom AI strategy development, AI workflow solutions and innovation workshops.

For all of 2023 and so far in 2024, Veritone has put out many PRs that did not mention aiWARE. Now forming a consulting group centered around AWS expertise. So why do they decide to describe their new consulting group as a combination of human expertise and "aiWARE technology".

If aiWARE going no where why bother to bring it up in this PR? Why not just say consulting business based on AWS technology?

We know they have a new version of aiWARE that they say nothing about. Why even have a new version of aiWARE. If aiWARE sucks why not just sunset it. We know aiWARE has done nothing for revenue growth, done nothing for shareholders. What do they expect from this new version of aiWARE?

Maybe the new version is created based on AWS requirements and AWS standards, and made to be more compatible with AWS technology and Bedrock. Maybe that's the new aiWARE roadmap that they were working on for all of 2023.

Yeah things don't look good right now. But to me it looks like self inflicted harm by not being focused. Just hope there is a strategy behind this. Looks to me like they have sold their soul to AWS. Any success for Veritone going forward looks to me to depend on what it is that AWS is going to do in return for Veritone. Remains to be seen.