Costa Mesa AI company Veritone lands $210K DOJ contract to aid evidence discovery
Costa Mesa artificial intelligence company Veritone has been awarded a two-year contract with the U.S. Department of Justice to provide AI-enabled audio and video transcription and translation services to assist with evidence discovery in 94 U.S. attorneys’ offices nationwide.
The $210,000 contract signed Friday provides for an indefinite quantity of supplies and/or delivery of services through the contract period, which began Monday and runs through May 10, 2022, according to contract details listed in the Fed’s System of Award Management site.
The Department of Justice identified Veritone’s aiWARE Government system as capable of helping speed up evidence discovery, while “greatly reducing human labor and associated costs,” according to a statement issued Tuesday by Veritone.
On its website, Veritone explained how the cognitive computing capacity of AI-based systems can be used to assist industries across the board by retrieving and analyzing enormous data sets and generating actionable insights.
Approximately 16.1 zettabytes of data (1ZB equals 1 billion terabytes, or 1 trillion gigabytes) is created each year, the company states. Of that, less than .5% gets organized for organizational decisionmaking.
“We appreciate being selected as the provider of AI-based transcription and translation services for the DOJ to assist their agencies with audio and video-based discovery, securely and at scale,” said Jon Gacek, Veritone’s head of government and legal compliance, in a statement.
“In our pursuit to help transform government operations through AI-enabled solutions that provide actionable intelligence and tools that save cost, resources and time, this contract represents a major milestone and opportunity for Veritone,” Gacek added.
Veritone also operates offices in Denver, London, New York, San Diego and Seattle.
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