10:29 AM EDT, 08/08/2024 (MT Newswires) -- Veritone ( VERI ) said Thursday it has signed a three-year collaboration with Amazon.com's ( AMZN ) Amazon Web Services to drive cloud-native enterprise artificial intelligence and generative AI innovation across various sectors.

The collaboration aims to help customers in the media, entertainment, sports, talent acquisition and public sectors address challenges in understanding and implementing AI and cloud transformation effectively, Veritone ( VERI ) said.

Shares of Veritone ( VERI ) jumped 9.7% and Amazon ( AMZN ) rose 1% in recent trading.

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