Oracle Cloud Infrastructure unveils new Generative AI services for enterprises

TAGS

Oracle has announced the general availability of the Oracle Cloud Infrastructure (OCI) Generative AI service, marking a significant milestone in the enterprise cloud computing space. This fully managed service integrates large language models (LLMs) from Cohere and Meta Llama 2, addressing a broad spectrum of business use cases with multilingual capabilities, supporting over 100 languages, enhanced GPU cluster management, and flexible fine-tuning options. The OCI Generative AI service is accessible in the Oracle Cloud and on-premises via OCI Dedicated Region, offering unparalleled flexibility and scalability for businesses.

Greg Pavlik, Senior Vice President of AI and Data Management at Oracle Cloud Infrastructure, emphasized Oracle’s commitment to embedding AI across all technology layers. This approach simplifies the adoption of generative AI in the enterprise by providing a comprehensive suite of pre-built services and features that facilitate smarter and faster problem-solving in business.

Oracle Integrates Generative AI Across Technology Stack, Enhancing Business Solutions

Oracle Integrates Generative AI Across Technology Stack, Enhancing Business Solutions

Simplifying the Customization of Generative AI Models

Oracle aims to simplify the deployment of generative AI for enterprises by offering managed services that enable easy integration and secure use of generative AI within their technology stack. The latest models from Cohere and Meta Llama 2, available through this service, are designed to tackle text generation, summarization, and semantic similarity tasks with ease. Oracle’s innovative approach allows customers to customize these models using their own data, leveraging retrieval augmented generation (RAG) techniques for enhanced contextual understanding.

See also  HCLTech unveils MRaaS in alliance with Cisco to enhance hybrid workspaces

The beta release of OCI Generative AI Agents service with a RAG agent signifies a leap in making enterprise data more accessible and interactive through natural language queries, without the need for specialized skills. This service, built on OCI OpenSearch, is set to expand, offering integration with Oracle Database 23c and MySQL HeatWave, among other tools, further enhancing data searchability and aggregation capabilities.

See also  PhonePe secures additional $100m funding at $12bn valuation

Embedding Generative AI Across Every Layer of the Oracle Stack

Oracle’s integration of generative AI across its extensive cloud application portfolio promises to revolutionize enterprise operations. By embedding AI in applications spanning ERP, HCM, SCM, and CX, Oracle is enabling businesses to leverage the latest AI innovations within their existing workflows. Furthermore, Oracle’s commitment to enhancing its database offerings with generative AI capabilities allows for the development of powerful, AI-driven applications tailored to individual enterprise needs.

With the upcoming beta release of OCI Data Science AI Quick Actions, Oracle is democratizing access to open-source LLMs, facilitating the building, training, deployment, and management of AI models without the need for coding. This initiative exemplifies Oracle’s forward-thinking approach to empowering businesses with the tools they need to harness the potential of generative AI fully.

See also  NICE launches CXone SmartAssist powered by Amelia for digital CX

In conclusion, Oracle’s latest advancements in generative AI as part of its Oracle Cloud Infrastructure offerings represent a significant leap forward in enterprise cloud computing. By simplifying the integration and customization of AI models and embedding AI capabilities across its technology stack, Oracle is setting a new standard for how businesses can leverage AI to drive innovation and efficiency.


Discover more from Business-News-Today.com

Subscribe to get the latest posts sent to your email.

CATEGORIES
TAGS
Share This