Veritone has signed a multi-year agreement with Oracle to migrate its AI solutions to Oracle Cloud Infrastructure, alongside updates to its privacy-focused Redact and Data Refinery platforms. The news comes as shares trade at $1.84, significantly below an analyst price target of $9.75. The company has experienced a 63% decline in share price over 90 days and a 92.5% drop in total shareholder return over five years. Despite the weak performance, the most popular valuation narrative suggests shares are 85% undervalued, with a fair value estimate of $12.00. Veritone's AI-powered analytics platforms are seeing growing demand from commercial and public sector clients, including US federal agencies. However, the company faces ongoing net losses approaching $97.8 million and concerns about future funding options.

Oracle has signed a multi-year agreement with Veritone to run its AI solutions on Oracle Cloud Infrastructure. The company is also expanding in Nashville with a new long-term lease and plans for additional tech roles. Oracle shares are trading at $139.66, down 6.7% over the past week and 5.6% over the past month, though three-year and five-year returns stand at 55.8% and 108.3% respectively. Analyst consensus values the stock at approximately $246, suggesting shares trade roughly 43% below expectations. The Veritone deal and Nashville expansion reflect Oracle's focus on AI-centric cloud workloads and operational capacity building. However, analysts flag three risks including debt coverage and non-cash earnings quality.

Veritone announces strategic agreement with Oracle to accelerate enterprise AI and AI Data Economy. by Veritone Multi-year partnership will support Veritone's global growth and AI expansion across commercial and public sectors, Veritone Data Refinery, and Veritone Data Marketplace Veritone, Inc. (NASDAQ: VERI), a leader in building enterprise AI and data solutions, today announced that it has signed a multi-year agreement with Oracle to migrate Veritone AI solutions to Oracle Cloud Infrastructure (OCI). By adopting OCI as a preferred cloud and infrastructure provider, Veritone will enhance the scalability, security, and performance of its AI offerings, including its aiWARE platform, Veritone Data Refinery (VDR) and Veritone Data Marketplace (VDM). As the demand for scalable, secure, and sovereign AI infrastructure continues to grow, Veritone plans to use OCI's high-performance AI infrastructure to power its aiWARE platform. In addition, Veritone will leverage OCI's distributed cloud - spanning the edge, a customer's datacenter multi-cloud environments, and the public cloud - to help meet security and data residency requirements. "Through this partnership with Oracle, we are strengthening our leadership in managing unstructured data and complex, multi-model AI workflows while reinforcing our commitment to delivering robust, dynamic AI solutions," said Ryan Steelberg, President and Chief Executive Officer of Veritone. "By migrating and expanding some of our most critical workloads to OCI, we expect to further support our commercial and public sector customers with the performance, security, and scalability they require to stay ahead in an AI-driven world and further scale VDR." Supporting Veritone Customers Across Key Industries With this partnership, Veritone will be able to expand its services and grow its business across three core areas: * Commercial (Media, Sports, Entertainment, and News): Veritone plans to use OCI's low-latency networking and high-performance storage to enhance the performance and scale of its Digital Media Hub (DMH) and content licensing services. Together, Veritone and Oracle enable media partners like NCAA, CBS News, Augusta National, and ESPN to more intelligently search, manage, and monetize their archives while unlocking richer audience insights and more effective content personalization. * Public Sector: Veritone plans to deploy its AI-powered Intelligent Digital Evidence Management System (iDEMS) on OCI in environments designed to support U.S. government and public sector requirements, including CJIS and FedRAMP-authorized environments. This is intended to help agencies modernize data and investigative workflows with a secure, compliant, and resilient environment. * AI Data Economy: Veritone will continue to expand its data services through VDR and VDM. VDR, with a rapidly expanding demand pipeline, will leverage OCI to accelerate and cost-efficiently transform and tokenize raw, unstructured data, including audio and video, into high-quality training datasets. VDM will leverage OCI to further expand the volume of premium data available to the world's leading AI developers. "Veritone has built strong capabilities in AI, especially in managing unstructured data and supporting complex media workflows," said Chris Gandolfo, executive vice president, North America OCI Sales & Engineering, Oracle. "By working together, we are helping organizations - particularly in regulated and data-intensive industries - deploy and scale AI initiatives with security, performance, and control." About Veritone Veritone (NASDAQ: VERI) is a leader in enterprise artificial intelligence (AI) software and solutions that transform unstructured data into actionable intelligence and dynamic workflows. By empowering organizations in both the commercial and public sectors, Veritone enables users to increase operational efficiency, accelerate decision-making, and drive profitability. The company's proprietary AI operating system, aiWARE(TM), orchestrates a diverse ecosystem of machine learning models and intelligent applications to process and tokenize data - including video, audio, and images - powering sophisticated automation and measurable business outcomes. Committed to the development of ethical AI, Veritone blends human expertise with cutting-edge technology to help customers navigate a complex digital landscape while helping to protect intellectual property and enabling sustainable business growth. For more information, visit Veritone.com. About Oracle Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit PandoLogic, Inc. at oracle.com. Safe Harbor Statement This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements 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 or Oracle. Certain of such judgments and risks are discussed in Veritone's and Oracle's respective SEC filings. Although both companies believe 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. Adopt AI that brings out the best in your teams. 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