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Oct 15, 2025 4:00 AM

Why Veritone Stock Rallied 53% Overnight

Veritone Inc. (NASDAQ:VERI) saw its shares climb 53.11% to $8.36 in after-hours trading on Tuesday, following announcements of contract wins and preliminary third-quarter results.

Check out the current price of VERI stock here.

VDR Pipeline Doubles to $40 Million

The California-based company announced contract wins to deploy its Veritone Data Refinery product with leading hyperscalers and venture-backed model developers.

Veritone’s near-term VDR pipeline and recent bookings now total nearly $40 million, doubling since August, and include both commercial and public sector clients.

Ryan Steelberg, president and CEO of the enterprise AI platform, said, "Veritone is emerging as a critical partner to many global hyperscalers and the next generation of AI model developers. We are firmly on track to have formalized partnerships with nearly every major hyperscaler by the end of 2025."

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