Veritone Maps AI Growth Push as Oracle Partnership Targets Cost Savings

July 11, 2026 - 18:00

Veritone held an investor webcast on July 7 to lay out its growth strategy across artificial intelligence, data management, media, and the public sector. Company leaders highlighted a push into unstructured data and AI-driven workflows, while also addressing talent acquisition. CEO Ryan Steelberg framed the company's direction around making sense of large volumes of unorganized information, which he described as a key opportunity for automation and cost reduction.

A central part of the presentation was Veritone's expanded partnership with Oracle. The collaboration is designed to help clients lower expenses by applying AI tools to data that is often difficult to process, such as video, audio, and documents. Executives argued that many organizations still rely on manual methods to handle this type of content, leading to inefficiencies. By integrating Veritone's AI platform with Oracle's cloud infrastructure, the company aims to offer a more streamlined approach.

Veritone also discussed its work in the public sector, where government agencies are testing AI for tasks like records management and compliance. The company sees this as a growing revenue stream. On the media side, Veritone continues to serve broadcasters and content owners with tools for transcription, ad insertion, and content discovery. The webcast did not provide specific financial targets but focused on the broader shift toward AI adoption across industries.