Annual debt carrying costs decreases by over 90%, from approximately $14.0 million to $0.8 million. Total debt reduction of $77.5 million, transforms the balance sheet to accelerate AI growth Veritone ...

Company on track to exceed $50 million in year-to-date debt reduction; advancing software initiatives and planned merger with M2i Global (MTWO) Volato Group, Inc. (NYSE American: SOAR) (“Volato” or ...

As companies grapple with legacy systems, a new governance model proves that strategic technical debt reduction is not just a cost—it is a high-return investment. In the fast-paced world of enterprise ...

Skillsoft's revenue for Q2 came in lighter than expected, while margins remained solid due to cost discipline and AI-driven efficiencies. Full-year growth expectations have been toned down, while ...

Hyperscale Data, Inc. announced a significant reduction of over $20 million in its outstanding debt, marking a key step in its transition to an AI-focused data center platform. This financial ...

IRVINE, Calif.--(BUSINESS WIRE)--Veritone, Inc. (Nasdaq: VERI), a leader in enterprise AI and data solutions, today announced that is has closed a transaction with certain of its lenders to pay down ...