Oracle–Veritone OCI deal

Veritone said on March 26 it signed a multi-year deal to move its artificial intelligence software onto Oracle Cloud Infrastructure. (investors.veritone.com) The target environment is Oracle Cloud Infrastructure, or OCI, for Veritone’s aiWARE platform, Veritone Data Refinery, and Veritone Data Marketplace. Veritone said OCI becomes a preferred cloud and infrastructure provider under the agreement. (investors.veritone.com) Veritone said it plans to use Oracle’s high-performance artificial intelligence infrastructure for aiWARE and Oracle’s distributed cloud setup across public cloud, customer data centers, edge locations, and multicloud environments. Oracle says its multicloud products also run alongside Amazon Web Services, Microsoft Azure, and Google Cloud services. (investors.veritone.com) (oracle.com) Cloud infrastructure is the rented computing layer underneath artificial intelligence software: chips, storage, networking, and security controls. Veritone sells tools that process large volumes of unstructured data such as audio and video, so the choice of cloud provider affects speed, cost, and where data can legally sit. (veritone.com) (investors.veritone.com) Veritone tied the Oracle deal to three businesses. In commercial media, it said OCI will support Digital Media Hub and content licensing; in government work, it said it plans to run its Intelligent Digital Evidence Management System in Criminal Justice Information Services and Federal Risk and Authorization Management Program environments; in data services, it said Data Refinery and Data Marketplace will use OCI to turn raw media into training data. (investors.veritone.com) The announcement landed with Veritone’s preliminary fourth-quarter and full-year 2025 update. The company said fourth-quarter revenue was expected in a range of $18.1 million to $30.0 million, and it forecast 2026 revenue of $130 million to $145 million. (investors.veritone.com) Veritone also said Veritone Data Refinery exited 2025 with more than $50 million in fourth-quarter bookings and near-term pipeline as of December 31, up more than 25% from its November 2025 estimate and up 250% from fourth quarter 2024. That gives the Oracle migration a direct link to the company’s push to sell more artificial intelligence-ready data services. (investors.veritone.com) Veritone already uses aiWARE and Digital Media Hub with media archives and search products for customers including CBS News, and the company said Oracle and Veritone together support archive search and monetization work for National Collegiate Athletic Association, CBS News, Augusta National, and ESPN. Those are the kinds of large media libraries that make cloud placement a business decision, not just an engineering one. (investors.veritone.com 1) (investors.veritone.com 2) Oracle has been pitching OCI as a place to run heavy artificial intelligence workloads and regulated data, while still connecting to other clouds. Veritone’s deal gives Oracle another customer willing to move core artificial intelligence products, not just back-office software, onto that stack. (oracle.com) (investors.veritone.com)