Industry Updates

'SAMENA Daily' - News

Oracle Cloud Infrastructure releases Generative AI service

Oracle Cloud Infrastructure (OCI) introduced a Generative AI service for enterprise use that incorporates large language models from Cohere and Meta Llama 2, making it easier for businesses to leverage the latest generative AI advancements. The updated OCI Generative AI service offers support for over 100 languages, improved GPU cluster management, and flexible fine-tuning options. It can be used both in the Oracle Cloud and on-premises through OCI Dedicated Region.

The initial beta release supports OCI OpenSearch. Upcoming releases will support a wider range of data search and aggregation tools and provide access to Oracle Database 23c with AI Vector Search and MySQL HeatWave with Vector Store. Oracle will also deliver prebuilt agent-actions across its suite of SaaS applications, including Oracle Fusion Cloud Applications Suite, Oracle NetSuite, and industry applications such as Oracle Health.

“With today’s news, Oracle is bringing generative AI to customer workloads and their data—not asking customers to move their data to a separate vector database,” said Ritu Jyoti, group vice president, Worldwide Artificial Intelligence and Automation Research Practice and Global AI Research Lead, IDC. “With a common architecture for generative AI that is being integrated across the Oracle ecosystem from its Autonomous Database to Fusion SaaS applications, Oracle is bringing generative AI to where exabytes of customer data already reside, both in cloud data centers and on-premises environments. This greatly simplifies the process for organizations to deploy generative AI with their existing business operations.”



Source: https://convergedigest.blogspot.com/2024/01/oracle-cloud-infrastructure-releases.html

ATTENTION