VERI News & Events

The company "announced a multi-year strategic agreement with Oracle (ORCL) to accelerate the deployment of enterprise AI and generative AI, establishing Oracle Cloud Infrastructure as a cornerstone of Veritone's next generation of AI solutions for the Commercial, Public Sector, and Veritone Data Refinery markets. VDR, a solution which helps enterprises transform unstructured data into AI-ready assets, has a total new bookings and a near-term pipeline over $50.0 million, up over 25% from November 2025 estimates and 250% from Q4 2024."

"We are entering a new phase for Veritone defined by execution, scale, and financial discipline," said Ryan Steelberg, President and Chief Executive Officer of Veritone. "We believe that our improved balance sheet, expanding VDR pipeline, and continued momentum in the public sector positions us to capture significant opportunities across the AI and data economy. We also announced a strategic agreement with Oracle, which will strengthen Veritone's leadership in managing unstructured data and complex, multi-model AI workflows while reinforcing our commitment to delivering robust, dynamic AI solutions. As we look ahead to 2026, our focus remains on growing our platform, deepening customer adoption, and delivering results through the scaled tokenization of unstructured data."

Veritone up 16% above $3 per share after Q1 pre-announcement, Oracle partnership

Sees FY26 non-GAAP net loss in the range of ($22.5M)-($13.5M).