#AI Stock News: Veritone (NASDAQ: $VERI) Among the First to Be Recognized by AWS for Machine Learning Expertise
COSTA MESA, Calif. - November 28, 2017 (Investorideas.com Newswire) Veritone®, Inc. (NASDAQ: VERI), a leading provider of artificial intelligence (AI) insights and cognitive solutions, today announced that it has achieved Amazon Web Services (AWS) Machine Learning (ML) Competency status. This designation recognizes Veritone for offering solutions that enable prescriptive and predictive capabilities within customer workflows and applications.
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AWS ML Competency status designates Veritone as an AWS Partner Network (APN) member that has built solutions that help organizations solve their data challenges, enable machine learning and data science workflows or offer SaaS/API-based capabilities that enhance end applications with machine intelligence. Attaining the AWS ML Competency demonstrates to Veritone's customers that the company has ML expertise on AWS.
"Achieving AWS ML Competency status recognizes Veritone's proven track record of making AI accessible and actionable to institutions and organizations by combining the most advanced processing engines across major cognitive functions with a suite of powerful applications and a proprietary orchestration layer informed by machine learning," said Chad Steelberg, chairman and chief executive officer of Veritone. "Our team is dedicated to helping customers achieve their business goals by uncovering previously-unavailable intelligence and by leveraging the agility of AWS."
AWS is enabling scalable, flexible, and cost-effective solutions for startups to global enterprises. To support the seamless integration and deployment of these solutions, AWS established the AWS Partner Competency Program to help customers identify Consulting and Technology APN Partners with deep industry experience and expertise.
"Given the complexity of building a scalable and reliable production workflow that serves billions of predictions, deploying machine learning at scale is still a challenge," said Joseph Spisak, global lead for artificial intelligence and machine learning partnerships, Amazon Web Services, Inc. "We are thrilled to have Veritone join us as an APN Partner for the Artificial Intelligence and Machine Learning Competency Program. By automating routine tasks, teams are able focus squarely on the problems they are trying to solve and spend less time worrying about how to optimize and deploy their models."
The first commercially-available AI operating system, the Veritone aiWARE™ platform is available on AWS Marketplace. As an APN Advanced Technology Partner in the AWS Partner Network (APN), Veritone provides AWS customers with full access to aiWARE, enabling the index and search of unstructured data to derive actionable business insights.
Veritone (NASDAQ: VERI) is a leading artificial intelligence company that has developed a unique platform, aiWARE, which unlocks the power of AI-based cognitive computing to transform and analyze unstructured public and private audio and video data for clients in a variety of markets, including media, politics, legal and government. The open platform integrates an ecosystem of best-of-breed cognitive engines and powerful applications, which can be orchestrated together to reveal valuable, multivariate insights. aiWARE delivers unprecedented insights by unlocking data from linear files such as radio and TV broadcasts, surveillance footage and public and private content globally. To learn more about Veritone, please visit Veritone.com.
Safe Harbor Statement
This news release contains forward-looking statements, including without limitation statements regarding Veritone's listing on the AWS Marketplace, its status as an Advanced Technology Partner in the AWS Partner Network, the recognition of its artificial intelligence / machine learning competency, and the use of the Veritone aiWARE platform by AWS users and the expected benefits. Without limiting the generality of the foregoing, words such as "may," "will," "expect," "believe," "anticipate," "intend," "could," "estimate" or "continue" or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Assumptions relating to the foregoing involve judgments and risks with respect to various matters which are difficult or impossible to predict accurately and many of which are beyond the control of Veritone. Certain of such judgments and risks are discussed in Veritone's SEC filings. Although Veritone believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the results contemplated in forward-looking statements will be realized. In light of the significant uncertainties inherent in the forward-looking information included herein, the inclusion of such information should not be regarded as a representation by Veritone or any other person that their objectives or plans will be achieved. Veritone undertakes no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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