On October 15, 2025, Veritone announced major contract wins for its Veritone Data Refinery (VDR) with leading hyperscalers, expanding deployment across the AI training‑data market. The contracts bring the VDR pipeline to nearly $40 million, a 100 % increase from August 2025, and include both commercial and public‑sector customers.
The announcement also included preliminary, unaudited Q3 2025 financial results, indicating the company is on track to meet its updated revenue outlook. VDR is positioned as a market‑leading platform for converting unstructured audio, video, and text into license‑ready datasets for proprietary AI models, and the company said it is on track to formalize partnerships with nearly every major hyperscaler by the end of 2025.
These wins underscore VDR’s growing traction among hyperscalers and model developers, reinforcing Veritone’s strategy to capture a share of the rapidly expanding AI training‑data market. The near‑term pipeline growth and early bookings signal potential revenue acceleration for the upcoming fiscal year.
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