Technology giant Oracle is partnering with enterprises to help them adopt artificial intelligence (AI) through measures such as one-way transfer of data amid privacy and security concerns.
The American tech company is also helping them tide over cloud migration hesitancy, fears originating from data sovereignty and regulatory compliance issues.
“Without cloud, I don't think AI is gonna exist. And even if it does exist, it's not going to scale,” C Prasanna Venkatesan, Director of Product Management, Oracle, said at Moneycontrol- CNBC-TV18’ AI Alliance IN Pune ON March 27.
Venkatesan said the hyperscaler is working with Nvidia for efficiency and reliability by optimising both chip and infrastructure.
He cited the example of Tokyo Stock Exchange’s transactions running on a dedicated cloud built by Oracle. “So half of the total exchange stock transactions run on Oracle,” Venkatesan said.
With just about 10 retrieval augmented generation (RAGs) technique, Oracle can use it in any location, which is a “big change in innovation” for the company.
RAG combines information retrieval with generative AI to produce accurate and transparent outputs by including source attribution and references.
Venkatesan said Oracle partners with AI companies to bring models into its infrastructure and then “closes the gate”. This means it is a one-way transfer of the model, “so that people can feel secure that their prompt data, there completions are not going back into the foundational model,” he said.
Prompts serve as input instructions or queries given to large language models (LLMs), which are AI systems designed to understand and generate human-like text. LLMs utilise algorithms to process prompts and generate responses.
Venkatesan spoke about a data leak case, wherein Samsung banned its staff from using generative AI tools after sensitive internal source code was leaked from its servers.
“So we are taking those precautions with respect to security,” Venkatesan said.
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Multi-cloud integration
Oracle is also adapting a collaborative approach towards multi-cloud integration.
“Multi-cloud is where the market is going. I don't think anybody is now saying bring all your data, it's going to be very cheap for you to store here and then I'm going to try my best to keep you on my cloud as much as possible,” Venkatesan said.
Oracle has built the first and “potentially” the only public cloud for Saudi Arabia. “They are literally changing the country before our very eyes, and we want to be a partner to that type of innovation and forward thinking,” Venkatesan said.
He is confident that there will be more such multi-cloud integration among companies, countries and hyperscalers.
Also read: How AI is increasing productivity for SaaS companies
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