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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InVeritone, Inc. (NASDAQ: VERI) has announced a significant multi-year strategic partnership with Oracle Corporation (NYSE: ORCL) to migrate its core AI solutions, including the aiWARE platform, to Oracle Cloud Infrastructure (OCI). Alongside the partnership, Veritone released preliminary unaudited financial results for the fourth quarter and fiscal year ending December 31, 2025. The collaboration specifically targets high-growth sectors such as media, sports, and entertainment, as well as public sector applications like the Intelligent Digital Evidence Management System (iDEMS). To meet rigorous government security and privacy standards, Veritone's solutions will be deployed in CJIS and FedRAMP-authorized environments. Furthermore, the company will leverage Oracle's distributed cloud capabilities to address complex data residency requirements for global customers. This move is designed to enhance the security and scalability of Veritone's AI offerings as it seeks to expand its global footprint.