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GBR

11/01/23 7:33 AM

#9560 RE: KVM #9559

bottom line, imo, is Veritone started out as a small company with no reputable investors. Actually started out being backed by a company that nobody liked, Acacia Research. As a small company wanted to be serving multiple verticals, all while continuing to develop an enterprise commercial grade AI platform. Just spread thin in all these different verticals as a small company. And again with no influential backing. It was always a long shot with Veritone. They at least had a reputation and experience in the advertising space. But went in cold with respect to the other verticals like government and energy, and with limited resources.

They may have some interesting IP. And maybe they are licensing aiWare capabilities to other tech companies. And now that the market for aiWare is here, next week we should expect material results from aiWare. One can plainly see that there is an interest now in a multiple AI model platform approach instead of point solutions. So really no excuse for aiWare not to be a competitive offering right now. So, we'll see if they have anything for us with respect to aiWare and aiWare.com. If not next week, then never, imo.

Also, when you consider the low valuation compared to the years of development, and amount Vertione has invested over the years, there should be no excuse for them to not have some sort of strategic deal next week. jmo