Veritone, which uses artificial intelligence to analyze audio, video and text data, said its CEO Ryan Steelberg has taken a voluntary 50% salary cut from $665,000 to $332,500 “to further support the company’s ongoing cost reduction initiatives.” The Irvine-based company also cited “the realignment of its business and operating cost structure” in a July 14 filing with the Securities and Exchange Commission. Shares in Veritone fell 2.4% to $1.00 a…
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