Veritone Launches Data Refinery to Transform Unstructured Data into AI-Ready Assets

Veritone, Inc., a leader in enterprise AI solutions, launched the Veritone Data Refinery (VDR), a transformative tool aimed at converting unstructured data into high-quality, AI-ready assets. This innovative platform utilizes Veritone’s proprietary aiWARE technology to assist organizations in managing and refining their video, audio, and text data for training advanced AI models and boost revenue through data monetization.

VDR converts unstructured data into structured datasets suitable for training Large Language Models (LLMs) and Large Multimodal Models (LMMs). This allows organizations to maximize their AI capabilities across various applications, from chatbots to sophisticated analytics.

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Ryan Steelberg, Veritone’s CEO and President, emphasized that VDR fills a crucial gap in the AI ecosystem by transforming raw data into valuable assets. The platform facilitates secure and ethical data management, ensuring that clients innovate responsibly and maximize their data’s potential.

Utilizing aiWARE, VDR centralizes and secures data silos, enabling enterprises to:

• Gain immediate ROI from Veritone‘s 20+ applications across public and commercial sectors.
• Identify tailored AI solutions and development needs for training advanced models.
• Explore monetization through third-party data licensing.

VDR addresses the demand for high-quality datasets across various content types, empowering developers and data scientists to meet their needs. With robust security features including enterprise-grade encryption and compliance with GDPR and SOC2 standards, VDR assures organizations of their data’s privacy and security while opening new pathways for innovation and revenue generation in an evolving AI landscape.