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DENVER - AI solutions provider Veritone, Inc. (NASDAQ:VERI) announced Tuesday it has processed more than 5 trillion tokens through its Veritone Data Refinery (VDR) product in the second quarter of 2025. The company, currently valued at $140 million, has shown strong recent momentum with its stock up significantly over the last three months, according to InvestingPro data.
The company’s VDR platform, powered by its aiWARE operating system, processes raw video and audio content to create structured, AI-ready tokens with embedded governance and rights metadata.
According to Veritone, the system ingests various types of media including broadcast archives, sports footage, marketing materials, and security footage to transform them into usable data for AI model training and enterprise applications.
"In the second quarter alone, we processed millions of hours of video and audio, or in data science speak, over 5 trillion tokens," said Ryan Steelberg, CEO and President of Veritone.
The company reports that since its 2024 launch, VDR has built a near-term sales pipeline exceeding $20 million, representing a 33% increase from June 2025 estimates and a 100% rise from the first quarter of 2025. While this growth is promising, InvestingPro analysis reveals the company’s revenue declined by 12% over the last twelve months to $90.9 million, with a concerning cash burn rate. InvestingPro subscribers have access to 11 additional key insights about Veritone’s financial health and market position.
Veritone’s technology enables multimodal AI processing across audio, video, images, and text simultaneously. The company states its platform helps organizations automate workflows, build AI models, and create new revenue opportunities.
The firm also highlighted that its technology allows content rights holders to monetize their archives by packaging structured datasets for licensing to AI developers and enterprises.
The global AI training dataset market is projected to reach $34 billion by 2033, according to Business Research Insights data cited in the company’s press release statement. With a high gross profit margin of 68% but significant operational challenges, Veritone’s position in this growing market warrants careful analysis. Detailed valuation metrics and comprehensive financial analysis are available in the Pro Research Report on InvestingPro, part of its coverage of over 1,400 US stocks.
In other recent news, Veritone Inc. reported its financial results for the second quarter of 2025, highlighting a strong performance in its software and public sector divisions. The company achieved a revenue of $24 million, exceeding the forecasted $21.91 million. However, Veritone reported an earnings per share (EPS) of -$0.54, which was significantly below the expected -$0.18. These results indicate a mixed financial performance, with revenue surpassing expectations but earnings falling short. Despite the EPS miss, the company’s revenue growth seemed to be a positive note for investors. Additionally, analyst reactions to these results have not been specified in recent updates. Investors may be interested in how Veritone plans to address the earnings shortfall in future quarters. As always, these developments provide key insights into the company’s current financial standing.
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