24/7 Market News Snapshot 14 October, 2025 – Veritone, Inc. Common Stock (NASDAQ:VERI)
DENVER, Colo., 14 October, 2025 (www.247marketnews.com) – (NASDAQ:VERI) are discussed in this article.
Veritone, Inc. continues to demonstrate strong momentum in the financial markets while solidifying its position as a key player in artificial intelligence solutions. Trading at $7.11 after opening at $5.06, the stock has soared by an impressive 35.87%, with a trading volume of approximately 7.48 million shares. This surge reflects elevated investor interest and confidence in Veritone’s growth prospects, indicating a promising trajectory for the company.
In addition to the positive trading performance, Veritone has recently made strides in its product offerings, particularly with its Veritone Data Refinery (VDR) solution. The company announced key contract wins that highlight its expanding partnerships with major hyperscalers and venture-backed model developers. This significant advancement underscores Veritone’s commitment to transforming unstructured data into valuable insights, which is becoming increasingly essential in the development of cognitive and generative AI.
Veritone’s innovative VDR solution is positioned to address the rising demand for high-quality training data, allowing proprietary rights holders to monetize previously untapped data archives. This capability not only enhances revenue streams but also contributes to the efficiency of the broader AI ecosystem. Ryan Steelberg, President and CEO, emphasized the unique market positioning of VDR, which transforms vast quantities of video, audio, and text into centralized, license-ready datasets for diverse applications.
Furthermore, Veritone anticipates a near-term VDR pipeline with recent bookings totaling nearly $40 million—a notable 100% increase since August 2025. Preliminary unaudited results for the third quarter of 2025 expect revenue between $28.5 million and $28.7 million, reflecting a year-over-year growth of 30.5%. With these developments, Veritone is well poised to lead in the AI landscape, driving technological advancements and operational efficiencies across various sectors.