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The AI Eye Podcast: Watching AI Breaking Stock News (NasdaqGM: VERI) (ASX: BRN)

Veritone Selected as Ad Sales and AI Partner for SpokenLayer, and BrainChip Receives First Shipment of New Chips

Today's podcast sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX)


Vancouver, Kelowna, Delta, BC - August 28, 2023 ( Newswire), a global investor news source covering Artificial Intelligence (AI) stocks and industry news brings you today's edition of The AI Eye Podcast; watching AI breaking news.

Today's podcast is sponsored by Fintech Company AppTech Payments Corp. (NasdaqCM:APCX).

Listen to today's podcast:

The AI Eye Podcast: Watching AI Breaking Stock News (NasdaqGM: VERI) (ASX: BRN)


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Today's Column - The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NasdaqGM:VERI) (ASX:BRN)

Veritone, Inc. (NasdaqGM:VERI) has announced that its subsidiary, Table Rock Management LLC, has entered into an exclusive advertising direct sales monetization agreement with SpokenLayer, described as "a full-service creative studio specializing in custom, short-form digital audio content for the media and entertainment industries." This will see Veritone act as the AI partner and exclusive direct ad seller for SpokenLayer, according to the press release. Will Mayo, founder of SpokenLayer, said:

"By entrusting our ad sales to Veritone, we can focus more on doing what we do best: crafting extraordinary short-form audio content. With Veritone's best-in-class sales prowess, our inventory is in expert hands for monetization, and we're poised to elevate our publishers' experience, while unlocking new dimensions of ad monetization and delivering unmatched engagement to our audiences."

BrainChip Holdings Ltd. (ASX:BRN) has received its first shipment of AKD1500 chips in silicon from GlobalFoundries to advance the company's IP into the next phase of development. Sean Hehir, BrainChip's CEO, said:

"This is the latest milestone in BrainChip's continued focus on execution to simplify the integration and proliferation of neuromorphic technology for scaling AIoT. The AKD1500 in the GlobalFoundries' process demonstrates the synergy of our digital IP with the low leakage 22nm FDX process for compelling edge AI devices and we look forward to more partners integrating Akida IP into their innovative AI applications."

Global Edge AI Market to Reach $54.38B by 2029

A report published by Maximize Market Research finds that the global market for Edge AI is projected to grow from $14.54 billion USD in 2022 to $54.38 billion by 2029, registering a compound annual growth rate (CAGR) of 20.1 percent in the forecast period. The following excerpt from the report's summary outlines the market and some of its key drivers:

The concept of Edge AI, which represents the implementation of AI algorithms and models on local devices as opposed to relying on cloud-based processing, has garnered considerable momentum in the marketplace. The aforementioned methodology facilitates instantaneous processing and analysis of data on edge devices, including but not limited to smartphones, edge servers, and IoT devices.

The growth of the Edge AI market can be attributed to several factors. Firstly, Edge AI addresses the need for reduced latency and real-time decision-making. By processing data locally, edge devices can make quick and informed decisions, making it valuable in applications like autonomous vehicles, industrial automation, and robotics.

Sam Mowers,

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Podcast sponsor:

AppTech Payments Corp. (NasdaqCM:APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with immersive commerce experiences. Commerse™, its all-new, patent-backed technology platform powering seamless omni-channel Commerce Experiences-as-a-Service (CXS), drives highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services altogether from a single, unified stack designed to increase operational efficiencies and growth for businesses while providing the economic convenience that their customers demand from today's commerce experiences. For more information, visit

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Disclosure: podcast sponsor AppTech Payments Corp. (NasdaqCM:APCX) is a paid featured Fintech company on

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