
Veritone (NASDAQ:VERI) reported lower first-quarter revenue but reaffirmed its full-year 2026 outlook, citing growing demand for its AI training data services, public sector software and recently expanded relationships with major technology companies.
On the company’s first-quarter earnings call, President and Chief Executive Officer Ryan Steelberg said Veritone is positioned at the “intersection” of the AI and data economies through its aiWARE platform, Veritone Data Refinery, or VDR, and its market-specific applications. He said demand is rising from enterprises, governments, content owners, hyperscalers and model developers for high-quality, AI-ready data, especially unstructured audio and video.