Veritone Inc (VERI)

[GBR]

So Amazon has

plans to launch the new AI infused Alexa on Feb. 26. Amazon states that on Feb 14, they will decide if the Feb 26 launch date is a Go or No Go.

Pure speculation as usual, but it will be interesting to me to see what the new Alexa all entails. It should include AI voice, transcription, and conversational AI technology which Veritone has but rarely talks about these days. Multi modal capabilities, and would think it will need access and orchestration of domain specific AI models and disparate data sets.

Veritone was claiming disruptive growth for 2024, and expecting a ramp in the 2nd half of 2024. Alexa was expected to launch in the 2nd half of 2024.

Veritone spent all of 2023 supposedly commercializing and hardening aiWARE. Got all their AWS certifications and launched a consulting business based on AWS.

Even if Veritone not part of Alexa plans, guessing it could be possible that once Amazon starts talking about their Alexa capabilities and underlying tech, maybe it frees up Veritone to start talking more about their consulting business based on AWS tech. Maybe also could talk about aiWARE integrations with AWS.

Could also see Veritone Hire capabilities involved as a means for Alexa users to apply for jobs.

Again, all speculation, but sure strange to me to see all the work Veritone has done over the past couple years centered around AWS, only to have nothing but silence from AWS to date.