Veritone – AI research going public

If you're interested in AI then Veritone (NASDAQ: VERI $14-16) is an IPO you'll want to at least have a look at. It's a small deal led by three smaller banks - Wunderlich, Craig-Hallum and Northland. The larger firms wouldn't touch this -  it's still more like a research project than a company. [UPDATE: Under pressure from institutions the deal size has been increased to 2.85M shares and is expected to price at the high end of the range tonight. Aftermarket is harder to call based on what the syndicate is seeing . . .

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