Subj : Oracle Cloud reveals big generative AI push for enterprise custom
To   : All
From : TechnologyDaily
Date : Thu Sep 21 2023 11:30:03

Oracle Cloud reveals big generative AI push for enterprise customers

Date:
Thu, 21 Sep 2023 10:17:36 +0000

Description:
API-based Generative AI service from Oracle Cloud allows enterprises to 
automate with LLMs and proprietary data.

FULL STORY
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Oracle has announced the limited availability of its OCI Generative AI 
service, which allows users to integrate large language models (LLMs) into 
their own applications by using APIs. 

The company said that it hopes its Generative AI service will help 
organizations to automate end-to-end business processes, improve 
decision-making, and enhance customer experiences. 

The product also promises to place an emphasis on security and privacy while 
balancing cost efficiency with performance. Oracle Clouds Generative AI 
service 

Oracle Cloud Infrastructures executive VP, Clay Magouyrk, said: 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. 

The OCI Generative AI services will focus on three key areas: generating text 
from user prompts, summarizing large volumes of text, and supporting the 
translation of text into numerical vectors that models can understand. 

It will also be able to provide retrieval augmented generation (RAG), a new 
generative AI technique designed to combine LLMs and proprietary business 
data to delivery more accurate responses. 

Cohere President and COO Martin Kon said that the company has been working 
closely together with Oracle to enable enterprises to supercharge their 
businesses with AI. 

The press release cites a Wikibon senior analyst, who said: 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. 

OCI Generative AI service customers will run their workloads on the companys 
AI Supercluster architecture, which the firm says is good for controlling 
cost and throughput requirements. 

The service also forms the foundation for GenAI capabilities across the cloud 
hosting companys range of software-as-a-service applications, including 
Oracle Fusion Cloud Applications Suite, Oracle NetSuite, and Oracle Cerner. 
More from TechRadar Pro Check out our roundup of the best AI tools Weve 
rounded up the best online collaboration tools Google wants to use generative 
AI to boost its security tools



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Link to news story:
https://www.techradar.com/pro/oracle-cloud-reveals-big-generative-ai-push-for-
enterprise-customers


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