Replies to post #10318 on Veritone Inc (VERI)

[KVM]

Although I think Gov namely Fed will be announcing some bigger contracts come earnings

[KVM]

So the way I sum it up is once they sell ad agency for 100 mil+ will be rid of most debt. Will be left with annual revenue of at least 80 mil. At 10x revenue and hopefully profitable should have 800 mil MC or $15
to $20 share price.

[GBR]

Just my opinion, but I don't think Veritone's intention is to have aiWare compete with Bedrock.

"Veritone and its partnership with AWS offers customers hundreds of AI engines with capabilities including: transcription, translation, object recognition, OCR, face recognition, text sentiment, geolocation, visual moderation, audio fingerprinting, scene detection, speaker separation, orchestration, text to speech and more.
"


" Built on enterprise-grade architecture powered by AWS Commercial that is CJIS compliant"

In fact, they haven't been marketing aiWare as a standalone platform product since probably 2021 or early 2022.

And can even go way back to my conversation with Brian Alger when he said think of aiWare as a capability instead of a product.

While we have no idea if Amazon is or will license aiWare capabilities, it seems pretty clear that they are gearing up for a go to market partnership with AWS and AWS partners. aiWare capabilities might be just one aspect of a broader partnership involving go to market arrangements with AWS.

I don't know, but I don't consider aiWare to be a standalone platform product competing with the likes of Amazon Bedrock, Google VertiexAI, Snowflake Cortex, etc.
I think all of these other platforms are potential partners or customers where aiWare capabilities can be integrated into their platforms. jmo