Veritone shares rise 3.73% intraday after partnering with Newsmax to monetize content archive.

Veritone, Inc. rose 3.73% in intraday trading, with the company announcing a new partnership with Newsmax. This collaboration will bring Veritone's advanced Digital Media Hub (DMH) technology and licensing expertise to Newsmax, enabling it to modernize its newsroom production workflows and unlock the value of its 20-year content archive. Veritone's DMH application, powered by its aiWARE platform, will enable Newsmax to fully search and utilize its vast library of content, which is increasingly valuable in today's high-demand media landscape.