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    VERI   US92347M1009

VERITONE, INC.

(VERI)
  Report
Delayed Nasdaq  -  04:00 2022-11-29 pm EST
5.600 USD   -2.27%
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Veritone Enhances its Multi-Award Winning AI-Driven Voice Solutions with Advanced Capabilities for Content Creators and Brands

09/14/2022 | 07:02am EST

Celebrating two new awards including IBC 2022 Best of Show, new features include integration with newly-acquired VocaliD speech engines, over 70 premium voice-over AI models, new languages, lexicon, speech style and more

Veritone, Inc. (NASDAQ: VERI), creator of aiWARE, a hyper-expansive enterprise AI platform, today unveiled its next-generation Veritone Voice. The recent acquisition of synthetic voice pioneer VocaliD introduces upgrades including new application capabilities, over 70 premium voice-over AI voices available to license, hundreds of stock voices and multiple new languages. The newest enhancements further advance Veritone Voice to give content creators and publishers one of the most powerful and versatile voice solutions on the market.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220914005157/en/

“As the market for AI voice solutions grows, it is becoming increasingly important that the generated voices sound and feel hyper-realistic. Many elements need to be taken into account and managed, including the tone of these voices – such as being happy, somber or promotional. In today’s digital world, monotone digital-sounding voices simply won’t cut it,” said Sean King, senior vice president and general manager of Commercial Enterprise, Veritone. “Addressing these needs is at the heart of our latest version of Veritone Voice, which empowers the voice to be articulate, genuine and nuanced for the content and audience. Whether the voices are used for broadcast quality productions, the metaverse or other applications, we believe that content creators and brands will appreciate the authenticity our Veritone Voice solutions offer as they move their projects forward.”

Since launching last year, Veritone Voice has attracted nearly 3,000 users who have generated synthetic voice clips used within the enterprise, consumer broadcast and metaverse environments. Veritone Voice has also won five marquee industry awards, most recently being named the winner in the Best of Show: Radio World category at IBC 2022 and being recognized by Speech Technology magazine. Given its mission to create the industry’s top solution, Veritone has added more than 70 licensable professional voice-over artists’ AI voices to the growing roster of voices.

“Stock voices are great for many projects like training or academic materials. When it comes to projects such as audio descriptions, scene narration and radio imaging, a more humanistic voice should be used. And that can be the AI voice of a professional voice-over artist. It’s a winning setup for modern voice-over artists and content creators. My AI voice provides additional revenue streams that can work for me while I’m away or doing other jobs. There’s room for both, and Veritone is the steward for protecting our AI voice and ensuring proper licensing,” said Bev Standing, professional voice artist and original TTS voice for TikTok.

Veritone Voice’s premium voice-over talent includes respected voice actors and producers such as Anne Ganguzza, Carin Gilfry, Judy Fossum, Terri Nicole, Malik Rashad, Ian Russell, Bev Standing, Ashante Timoll, sports commentator Randy Hahn, and more.

Offering the Voice Industry a Comprehensive Portfolio of Solutions

The ability to control and manage the entire voice creation lifecycle for efficiency and scale, coupled with a unique ability to seamlessly work with third-party AI models, gives Veritone Voice an advantage over other market solutions including an unmatched breadth of capabilities. In addition to the newly available premium voice-over voices, Veritone has added new enhancements, such as Lexicon, that bring more custom implementation and expedite and streamline workflow processes. Here are some of the newest enhancements to Veritone Voice:

  • Voice model creation efficiency: Veritone's recent acquisition of VocaliD enables more efficient development of robust, high-quality voices to enhance Veritone Voice's scalability and time-to-market.
  • New voices and languages: 70+ new stock voices and 15+ new languages available including Albanian, Arabic, Mongolian and Nepali.
  • Tailored experiences with Lexicon: Lexicon enables customers to use their own dictionary of language so that voice outputs recognize their custom terminology.
  • Speech-to-speech (STS) enhancements:
    • Veritone’s STS offering is now fully integrated with Respeecher, the Emmy Award winning voice conversion and voice cloning engine provider and creator of the synthesized young Luke Skywalker’s voice for Disney+’s The Mandalorian.
    • STS clip creation is now available within the Veritone Voice application. Once the voice model is generated, the authorized user can create STS clips without dependency upon managed services.
  • Advanced features include built-in intonation and upgraded editing: Intonation is a shortcut for pitch adjustment that allows the user to drag points on a timeline where they want the pitch to go up or down and with editing. Users can now edit text post-clip creation with built-in auto save to “pick up where you left off” for frequent users.

“We have gone from two weeks’ audio description production time for a feature movie to one using Veritone Voice. With upcoming enhancements, that one week will become four days. We have seen ROI already and have had the ability to take on more projects. It’s unbelievable how good this has been for us after using Veritone Voice for less than 6 months,” said Silver Trak CEO Tim Creswell.

Veritone Voice offers a comprehensive suite of integrated voice features including creation, management, workflows, monetization and licensing with compliance and protection. Built on Veritone aiWARE, the first operating system for AI, Veritone Voice gives all users access to multiple, best-of-breed voice engines that combine with other cognitive capabilities such as translation, sentiment analysis, content classification and many more to create content at scale. To protect a creator’s synthetic voice, Veritone includes such features as inaudible watermarks, traceability, licensing protocols and proprietary tools to protect and place claims against unauthorized monetization of content on social platforms. The Veritone Voice solution supports both speech-to-speech and text-to-speech capabilities.

The synthetic read-out of this press release was created using professional voice actor Ashante Timoll’s AI voice developed through Veritone's award-winning Veritone Voice solution.

To hear samples of the premium voice-over voices, contact Veritone.

For more information, visit Veritone Voice.

About Veritone

Veritone (NASDAQ: VERI) is a leader in enterprise artificial intelligence (AI) software and solutions. Serving organizations in both commercial and regulated sectors, Veritone’s software, services, and industry applications accelerate and maximize digital migration, empowering the largest and most recognizable brands in the world to run more efficiently, accelerate decision making and increase profitability. Veritone’s hyper-expansive Enterprise AI platform, aiWARE™, orchestrates an ever-growing ecosystem of machine learning models to transform audio, video and other data sources into actionable intelligence. Through professional and managed services, as well as its robust partner ecosystem, Veritone develops and builds AI solutions that solve the problems of today and tomorrow.

To learn more, visit Veritone.com.

Safe Harbor Statement

This news release contains forward-looking statements. 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.


ę Business Wire 2022
All news about VERITONE, INC.
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Analyst Recommendations on VERITONE, INC.
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Financials (USD)
Sales 2022 151 M - -
Net income 2022 -41,1 M - -
Net cash 2022 10,1 M - -
P/E ratio 2022 -5,08x
Yield 2022 -
Capitalization 203 M 203 M -
EV / Sales 2022 1,28x
EV / Sales 2023 1,17x
Nbr of Employees 546
Free-Float 86,1%
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Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 5,60 $
Average target price 7,79 $
Spread / Average Target 39,0%
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Managers and Directors
Chad Edward Steelberg Chairman & Chief Executive Officer
Ryan S. Steelberg President & Director
Michael L. Zemetra Chief Financial Officer, Treasurer & Executive VP
G. Louis Graziadio Independent Director
Jeff P. Gehl Independent Director
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