Veritone (VERI) in Pivotal Point Check: Hyperscale Providers' [Large AI Contracts] and Improved Q3 Forecast Lead to Over 50% Price Explosion!
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Veritone reports orders for its AI data platform VDR from leading hyperscale providers (large cloud providers). The order and pipeline volume of the Veritone Data Refinery has doubled since August to nearly $40 million. Preliminary revenue forecast for Q3 2025 is 30% above the previous year, while the net loss is lower than expected. Veritone, an artificial intelligence company, made waves on the stock market on October 15, 2025, with its aiWARE platform. The stock of the technology provider surged over 50% on massive trading volume...
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