June 24, 2022

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Technology Forever

Veritone and Foundation Media Cloud Announce 6-Year Agreement with Intense E to Empower World Written content Distribution and Quick Accessibility

COSTA MESA, Calif.–(Business WIRE)–Veritone, Inc. (Nasdaq: VERI), the creator of the world’s initially working process for synthetic intelligence, aiWARE™, collectively with Foundation Media Cloud, these days announced a new six-yr arrangement with Excessive E by their production partners Aurora Media Worldwide and North One particular. Extraordinary E is a sports organization that employs groundbreaking electric SUVs to race in remote elements of the globe while elevating consciousness for local weather change.

The Intense E sequence will start in April 2021 in the deserts of Saudi Arabia, and will proceed in Senegal, Greenland, Brazil and Argentina. To deliver movie protection of its races, Intense E will use cutting-edge technological know-how, which includes monitor, on-board and POV cameras, drones, virtual reality and augmented truth, to stream footage on a variety of digital platforms. Extra clips will be produced for and distributed to international legal rights holders, Tv set exhibits, documentary sequence and social media. Extraordinary E required a option that would make all of this achievable, whilst also remaining committed to environmentally mindful production.

“Because our races take place in remote locations, and we don’t want to damage the sensitive locations that have to have protection, we’re a Tv-only athletics product –– which is pretty uncommon, contemplating the attractiveness of stay athletics,” stated Dave Adey, head of broadcast and technologies for Extraordinary E. “Our content material is our most beneficial asset, and the sturdy administration of that is important. Veritone not only exceeded that want, but matched our mission of sustainability that is critical to our target of advancing climate alter consciousness.”

The 6-year arrangement will present Extraordinary E with obtain to a sports-certain, multi-cloud distribution answer designed by Veritone and Base Media Cloud, a centralized cloud storage supplier. The solution combines accelerated file transfer and cloud item storage companies from Base Media Cloud with Veritone’s clever electronic asset management platform, Digital Media Hub, to generate complex, cloud-indigenous remote workflows, enabling intelligent global content distribution and its prompt accessibility across the globe for Extraordinary E.

Veritone and Foundation Media Cloud assistance Extreme E’s mission of increasing consciousness for local weather transform the mixed option is designed purposefully on community cloud infrastructures that demand fewer servers and reduce electrical energy consumption. On top of that, Veritone shares Severe E’s mission of sustainability with its just lately launched Veritone Electrical power, a suite of AI-driven electricity options that accelerate the world’s transition to additional sustainable, reliable and reasonably priced energy by building cleanse strength creation more predictable, successful and price tag helpful.

“Alongside Base Media Cloud, we’re thrilled to start off operating with Serious E to assist them make efficiencies, develop distribution and monetize their articles via our system,” explained David Candler, senior director of client options for Veritone. “Our unmatched expertise in the sports activities media and entertainment field and the eco-friendly vitality place delivers us with a special vantage stage to meet up with Extraordinary E’s world-wide written content management wants, while also furthering their mission of driving environmental awareness.”

Veritone and Foundation Media Cloud started their partnership almost 4 yrs ago, when they made a single of the to start with sports activities-particular, multi-cloud distribution methods, which is by now used to satisfy the special wants of some of the world’s biggest athletics federations and media corporations, which includes Method E.

“We’re fired up to companion with Veritone to power Intense E’s exceptional motor activity creation coverage from some of the world’s most remote spots,” reported Ben Foakes, founder of Foundation Media Cloud. “Our resolution will help less complicated remote modifying and automate distribution workflows, in the long run delivering increased access to Severe E’s footage and bringing awareness to the essential bring about of weather alter.”

For additional information and facts on Veritone’s digital asset management option, Digital Media Hub, you should visit: https://www.veritone.com/programs/digital-media-hub/. To find out far more about Base Media Cloud, you should stop by: https://base-mc.com/about-us/. And for a lot more data on Extreme E, be sure to check out: https://www.extreme-e.com/.

About Veritone

Veritone (NASDAQ: VERI) is a primary company of synthetic intelligence (AI) technologies and solutions. The company’s proprietary running procedure, aiWARE™, powers a diverse set of AI apps and clever approach automation alternatives that are reworking each commercial and federal government companies. aiWARE orchestrates an expanding ecosystem of machine studying models to change audio, movie, and other info resources into actionable intelligence. The company’s AI developer instruments permit its buyers and partners to very easily create and deploy custom made apps that leverage the electricity of AI to dramatically improve operational efficiency and unlock untapped alternatives. Veritone is headquartered in Costa Mesa, California, and has workplaces in Denver, London, New York and San Diego. To study much more, stop by Veritone.com.

About Foundation Media Cloud

To fulfill the rising troubles introduced about by the rising volumes of digital media files currently being acquired, processed and shipped during the media production system, Foundation Media Cloud gives a suite of ready-produced cloud products and services comprising low charge cloud storage, media asset management, distant workstations, file transfer, branded channels and articles distribution. Base Media Cloud’s selection of entirely managed multi-cloud expert services are provided on a Application-as-a-Provider (SaaS) subscriptions and shell out for each use ability basis, minimizing media customers’ money expenditure and operational charges, even though altering to flexible budgets and the new paradigm of international remote operating. The company’s prestigious listing of customers notably involves: Aurora Media Worldwide (portion of All3Media Team), BBC, Courageous Bison plc, COPA90, ITV, Extraordinary E, Components E, The Football Association, Ogilvy & Mathers (WPP Team), Cost Waterhouse Cooper, Very little Dot Studios, LadBible Group, Translation LLC, XPRIZE and much more.

Safe Harbor Statement

This news launch contains ahead-seeking statements, which include without the need of limitation statements regarding the mixed Veritone Digital Media Hub and Foundation Media Cloud resolution and its predicted advantages to Extreme E, and the company’s electricity answers. Without the need of restricting the generality of the foregoing, text these types of as “may,” “will,” “expect,” “believe,” “anticipate,” “intend,” “could,” “estimate” or “continue” or the damaging or other variations thereof or similar terminology are supposed to establish forward-on the lookout statements. In addition, any statements that refer to anticipations, projections or other characterizations of upcoming situations or instances are ahead-on the lookout statements. Assumptions relating to the foregoing require judgments and hazards with respect to various issues which are difficult or unachievable to predict precisely and numerous of which are further than the control of Veritone. Certain of these types of judgments and threats are mentioned in Veritone’s SEC filings. Although Veritone believes that the assumptions underlying the ahead-on the lookout statements are realistic, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the benefits contemplated in ahead-wanting statements will be understood. In mild of the major uncertainties inherent in the forward-searching information involved herein, the inclusion of these information should not be regarded as a illustration by Veritone or any other individual that their objectives or options will be achieved. Veritone undertakes no obligation to revise the forward-looking statements contained herein to mirror events or circumstances after the date hereof or to reflect the event of unanticipated events.