Oracle Cloud Infrastructure Delivers Enterprise Generative AI Service
New enterprise generative AI service helps organizations automate business processes, improve decision-making, and enhance customer experiences
LAS VEGAS, Sept. 19, 2023 /PRNewswire/ -- Oracle CloudWorld -- Oracle today announced the limited availability of Oracle Cloud Infrastructure (OCI) Generative AI service. The new generative AI service will support large language models (LLMs) to help organizations automate end-to-end business processes, improve decision-making, and enhance customer experiences, while keeping their data secure and private.
Built on OCI in collaboration with Cohere, the leading AI platform for enterprise, the OCI Generative AI service is a managed service that enables users to integrate LLMs in their own applications through an available API. Once generally available, this service and Cohere models will work seamlessly with AI Vector Search, a feature of Oracle Database 23c that provides retrieval augmented generation (RAG), a generative AI technique that combines pretrained LLMs and proprietary business data to deliver responses with higher accuracy. This service will also form the basis for generative AI capabilities embedded across Oracle's suite of SaaS applications, including Oracle Fusion Cloud Applications Suite, Oracle NetSuite, and industry applications such as Oracle Cerner.
"Oracle's unique industry knowledge has enabled us to create state-of-the-art generative AI services for organizations to automate their processes, make better decisions, and improve the experiences they deliver to customers," said Clay Magouyrk, executive vice president, Oracle Cloud Infrastructure. "Through our partnership with Cohere, customers will be able to embed generative AI easily and securely into their technology stack with full confidence that our solutions align with their most stringent data security and privacy requirements. Our approach further enables organizations to refine these models using their own data—so the models will understand their internal operations like no one else."
With its low-cost, secure, high-speed AI infrastructure, OCI will enable customers to use Cohere's models as a managed service specifically targeted for enterprise use cases. Customers using the OCI Generative AI service run their workloads in a dedicated infrastructure on Oracle's unique AI Supercluster architecture. This enables customers to control their specific cost and throughput requirements, whether they are fine-tuning models with their own data or deploying their custom models.
The new OCI generative AI service includes the following models:
"Oracle and Cohere center our enterprise AI offering on the principles of data security, model customization, latency, and helping companies quickly, meaningfully, cost-efficiently, and responsibly deploy AI technology," said Martin Kon, president & COO, Cohere. "We are working closely together with Oracle to enable enterprises to supercharge their businesses with AI, with a data security and privacy-first approach."
In addition to the OCI Generative AI service news, Oracle AI has continued to add enhancements to existing services with multiple limited availability programs, including:
"The OCI Generative AI service is the first generative AI cloud service to deliver enterprise-level security, flexibility, and user tuning that the market has been demanding. It provides tight security and governance of users' proprietary data, and models that limit its use and visibility to only that customer," said Marc Staimer, senior analyst, Wikibon. "Just as importantly, customers can control their dedicated OCI Supercluster AI infrastructure to meet their specific cost and throughput requirements as they fine-tune their models or deploy their custom models. The OCI Generative AI service is a winning combination of enterprise capabilities and cost-performance."
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