Oracle Unveils New GenAI Service for Enterprises

Posted on

American software giant Oracle has rolled out its new generative AI (GenAI) service for enterprises in a bid to encourage AI adoption at scale.

The Oracle Cloud Infrastructure (OCI) Generative AI service is a fully managed service that integrates large language models (LLMs) from Meta Llama 2 and Cohere to address a number of business use cases, available both in the cloud and on-premises.

With the new service available via API, Oracle stated its customers will be able to embed GenAI into their technology stacks “with tight data security and governance”. Additionally, customers will also be able to leverage their own data to finetune the models so they can better understand the “unique internal” business operations.

Oracle also currently has the OCI Generative AI Agents service in beta, which brings together LLMs and enterprise search functions built on OCI OpenSearch to provide contextualised results that are enhanced with enterprise data.

The software heavyweight has claimed that the agent “enables users to converse with enterprise data sources through natural language without the need for specialist skills”. The agent provides the latest information while also citing original source material.

“Oracle’s AI focus is on solving real-world business use cases to enable widespread adoption in the enterprise,” said Greg Pavlik, senior vice president, AI and data management, Oracle Cloud Infrastructure.

“To do this, we are embedding AI across all layers of the technology stack by integrating generative AI into our applications and converged database, and offering new LLMs and managed services—all supported by a fast and cost-effective AI infrastructure.

Pavlik added that instead of furnishing “a tool kit that requires assembling”, the company instead chose to build a suite of pre-built generative AI services and features for its customers.