Veritone Inc. Partners with Newsmax to Modernize, Monetize 20-Year Content Archive

Veritone Inc. (NASDAQ:VERI) is one of the worst AI stocks to invest in according to financial media. On August 21, Veritone announced a partnership with Newsmax, which is a prominent American news network. The collaboration will equip Newsmax with Veritone’s Digital Media Hub/DMH technology and its licensing expertise.

The goal is to modernize Newsmax’s production workflows and enable the network to monetize its extensive 20-year content archive. Veritone’s DMH application, which runs on its aiWARE platform, will make Newsmax’s vast content library fully searchable and usable. This is particularly important as Newsmax broadcasts 24/7 and has an ever-growing content collection.

The AI-powered solution will help the newsroom respond to the demands of viewers and business partners by making its material globally accessible.

Veritone Inc. (NASDAQ:VERI) provides AI computing solutions and services in the US, the UK, France, Australia, Israel, and India. It develops and operates aiWARE platform, which is an AI operating system that uses ML algorithms or AI models designed to mimic human cognitive functions.

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Disclosure: None. This article is originally published at Insider Monkey.