Veritone and Nuix Combine AI Expertise to Offer Turn-Key Solutions for Growing Volumes of Video and Audio Data

Veritone and Nuix Combine AI Expertise to Offer Turn-Key Solutions for Growing Volumes of Video and Audio Data

Veritone integrates its extensive AI-enabled redaction capabilities into Nuix's NEO Platform and ecosystem to optimize audio and visual workflows

DENVER--(BUSINESS WIRE)-- Veritone, Inc. (NASDAQ: VERI), a leader in building human-centered enterprise AI solutions, today announced a strategic partnership with Nuix (ASX:​ ​NXL), a leading provider of investigative analytics and intelligence software, to leverage industry-leading technology from both organizations to help maximize value for their customers' investigations, eDiscovery​​ and compliance initiatives.

Nuix Neo is a unified platform delivering solutions for data privacy, cyber-breach response, investigations, and an end-to-end eDiscovery solution for the legal industry. The partnership combines Nuix's Neo unified platform and Veritone's ecosystem of 300+ AI models, known as aiWARE™, to offer a turn-key solution to handle audio and textual data and the increased volume of evidentiary media files, including body-worn camera footage, car-dashcam video, CCTV surveillance footage and jailhouse phone calls. The solution will also help customers meet public records requests or judiciary deadlines for turning over redacted evidentiary media files, ensuring personally identifiable information is completely removed.

"Combining Nuix's powerful capabilities to understand high volumes of unstructured data with forensic rigor with Veritone's industry-leading capabilities in handling audio and video data allows us to provide a complete, compelling solution to our customers," says Jonathan Rubinsztein, Group CEO Nuix.​​

"Our agreement with Nuix is a testament to the distinct value​​ ​of ​aiWARE​​, which is a scalable AI platform that can be easily integrated into ​third-party​​​ solutions to meet a variety of use cases and needs," said Jon Gacek, general manager of Veritone Public Sector. "Additionally, this agreement ​​expands the global footprint ​of​​​ our audio and video capabilities in the areas of ​​criminal investigations and data privacy​​, while laying the foundation for future expansion opportunities with Nuix given the breadth of models we offer."

Built on ​​aiWARE​​, Veritone Redact enables users to manually define sensitive imagery and objects​ and​​​ then automatically redact​​ this information from audio, video​​ and image-based evidence. From there, the redacted evidence can quickly be downloaded with logs to support chain​-​​​of​-​​​custody requirements and shared with colleagues, public defenders​​ ​and​​​ other ​​stakeholders. It also enables searches for keywords and phrases captured within the recorded audio and quick redaction of those items.

To learn more, visit: https://www.veritone.com/applications/redact and https://www.nuix.com/nuix-neo

About Veritone

Veritone (NASDAQ: VERI) builds human-centered enterprise AI solutions. Serving customers in the media, entertainment, public sector and talent acquisition industries, Veritone's software and services empower individuals at the world's largest and most recognizable brands to run more efficiently, accelerate decision making and increase profitability. Veritone's leading enterprise AI platform, aiWARE™, orchestrates an ever-growing ecosystem of machine learning models, transforming data sources into actionable intelligence. By blending human expertise with AI technology, Veritone advances human potential to help organizations solve problems and achieve more than ever before, enhancing lives everywhere. To learn more, visit Veritone.com.

About Nuix

Nuix Limited is a leading provider of investigative analytics and intelligence software, with the vision of "being a force for good by finding truth in a digital world". Nuix helps customers to process, normalise, index, enrich and analyse data from a multitude of different sources, solving many of their complex data challenges. The Nuix platform supports a range of use cases, including criminal investigations, financial crime, litigation support, employee and insider investigations, legal eDiscovery, data protection and privacy, and data governance and regulatory compliance. For further information, please visit www.nuix.com

Safe Harbor Statement

This news release contains forward-looking statements. Without limiting the generality of the foregoing, words such as "may," "will," "expect," "believe," "anticipate," "intend," "could," "estimate" or "continue" or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Assumptions relating to the foregoing involve judgments and risks with respect to various matters which are difficult or impossible to predict accurately and many of which are beyond the control of Veritone. Certain of such judgments and risks are discussed in Veritone's SEC filings. Although Veritone believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the results contemplated in forward-looking statements will be realized. In light of the significant uncertainties inherent in the forward-looking information included herein, the inclusion of such information should not be regarded as a representation by Veritone or any other person that their objectives or plans will be achieved. Veritone undertakes no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240820391490/en/

Valerie Christopherson or Lora Metzner
Global Results Comms (GRC)
+1 949 608 0276
[email protected]

Sarah Rich
Veritone
[email protected]

Source: Veritone, Inc.

Released August 22, 2024