Transformative decisions from the cloud services at the big shark event – Oracle CloudWorld 2024 in Las Vegas are magnified on providing developers and enterprises with unexplored ways to leverage Generative AI in their operations.
As cloud providers are involved in the long race by betting hugely on generative AI, Oracle is shifting its gears towards creating a transformative edge for enterprises on a global scale by combining the best of both worlds – Generative AI and cloud.
Oracle chairman and CTO, Larry Ellison has unwrapped the company’s strategies and products it’s aimed around distributed cloud, multicloud, AI, security, and application development. Continuing the pace with three-tier generative AI strategy, this year’s CloudWorld has seen the newest updates from various cloud service providers that accelerate the three-tier strategy. In this regard, the learnings from the great grand event include:
- AI-Powered Developer Assistant for Oracle Fusion Data Intelligence
A new generative AI-powered developer assistant will complement the Oracle’s data intelligence service – a wing of Fusion Cloud Apps Suite. Moreover, Fusion Data Intelligence is an updated incarnation of Fusion Analytics Warehouse that mixes enterprise data and all-ready analytics in addition to prebuilt AI and machine learning models to deliver the heights of business intelligence.
This GenAI-capable developer assistant is carved to assist developers streamline the configuration of Oracle Fusion Data Intelligence Service and speed up the integration of third-party data sources through an established step-by-step process.
Furthermore, the updates to Fusion Data intelligence include the embodiment of AI-based brilliant apps for HCM and SCM that serve the purpose of providing actionable insights in today’s evolving scenarios and recommended actions to users in critical workflows. - Turns the Database 23ai Ship to Supercharge GenAI-Powered App Development
Most hyperscalers change their directions towards different APIs, and low-code platforms to serve the enterprises with Generative AI features into every application and operation. To make this shift happen, Oracle has brought the diligence with one of the most popular databases.
In this massive event, Oracle has unblinded a strategic update, cloned generative development – GenDev – driving the AI-centric application development infrastructure for enterprises. As the ever-demanding apps on AI – Copilot Studio, Amazon Bedrock, and Vertex AI Studio, GenDev blends the technologies in Oracle Database 23ai – JSON Relational Duality Views, AI Vector Search, and APEX to accelerate development with GenAI’s de forte. - GenAI RAG Agent is in Action Now
Generally available RAG agent is revealed at Oracle CloudWorld 2024. The RAG agent delivers exceptional capabilities, eliminating the manual processes for customers such as agent planning, retrieval of data, reranking, generation, and integration. Also, there’s a self-check mechanism to reduce hallucinations. The RAG agent accesses Orace Database 23ai AI Vector Search functionality to run the queries on enterprise data present in database at faster speeds. Moreover, this RAG agent is a subset of OCI-based Generative AI agents service that’s architected for enterprises to build conversational interfaces that exist in knowledgebases of enterprise data.
- Oracle Code Assist Changes to Beta
Oracle’s AI-powered programming agent – Code Assist is now available in beta version. This version is supportive in Java and adds capabilities in boosting the application development in OCI. Oracle has rained a set of new features for OCI Kubernetes Engine focused at deploying and managing AI workloads and cloud-native apps on Kubernetes at scale. - LLM-Makers Can Take Advantage of Oracle’s Blackwell-based Infra
Oracle has taken a bold step forward in revolutionizing AI infrastructure by opening pre-orders for 131,072 Nvidia Blackwell GPUs, designed to supercharge large language model (LLM) training and other demanding workloads.
These state-of-the-art OCI Superclusters, featuring Nvidia’s cutting-edge GB200 NVL72 liquid-cooled bare-metal instances, are equipped with NVLink and NVLink Switch technology, allowing up to 72 Blackwell GPUs to communicate seamlessly. This setup offers an unprecedented aggregate bandwidth of 129.6 TBps within a single NVLink domain—enabling faster, more efficient data processing at an unmatched scale.
The Blackwell GPUs are expected to become available in the first half of 2025, signaling Oracle’s commitment to staying ahead of the curve in cloud-based AI and machine learning innovations. Pricing details have yet to be announced, but the potential for industry transformation is clear. - Bringing Multicloud Dominance with AWS Partnership
Thriving to help the enterprises to migrate to the cloud, Oracle has partnered with AWS to make database operations multicloud effective. This is the Oracle’s third partnership with a hyperscaler and projecting its database services in another cloud environment. The newbie – Oracle Database@AWS allows the enterprises to access Oracle autonomous database on Oracle Exadata Database Service within AWS.
Other hyperscaler partnerships include Google Cloud and Azure that support in new regions as well. - New GenAI Features in Oracle’s HeatWave Data Analytics
Oracle made a significant leap in data analytics by introducing new generative AI features to Oracle HeatWave, its managed analytics and database service. This move reflects Oracle’s forward-thinking approach to integrating AI directly into cloud services to deliver enhanced performance and usability.
Oracle HeatWave, which already includes a powerful lineup of modules—such as HeatWave Lakehouse, HeatWave on AWS, HeatWave AutoML, HeatWave Gen AI, and MySQL HeatWave—now benefits from these cutting-edge generative AI advancements. The new AI-driven features within the Gen AI module bring multi-lingual support, optical character recognition (OCR), large language model (LLM) inference batch processing, JavaScript support, and automatic vector store updates.
With these enhancements, Oracle is empowering developers to build generative AI-based applications effortlessly, all without the need for data movement or extra costs—further solidifying HeatWave’s position as an all-in-one solution for AI-driven analytics. - Intelligent Data Lake and GenAI-Powered Analytics
Oracle has taken another bold step in enhancing its Data Intelligence platform by integrating it with an intelligent data lake, marking a significant evolution in enterprise data management. Set for limited availability in 2025, Oracle’s intelligent data lake aims to help organizations unify data from diverse sources within the Data Intelligence platform, providing a seamless experience for orchestrating data, managing data warehousing, and meeting advanced analytics and AI needs.
This intelligent data lake is being designed to deliver an open, unified developer experience, complete with advanced features such as a data catalog, Apache Spark and Apache Flink for robust data processing, and Jupyter Notebook for data analysis and visualization. - Zero Trust Capability to Oracle Cloud Platform
Oracle has introduced a cutting-edge zero trust capability to its cloud platform, reinforcing its commitment to securing corporate data from one of the most common vulnerabilities—network misconfigurations. Zero Trust Packet Routing (ZPR) for OCI empowers enterprises with enhanced control by allowing them to set security attributes on resources and create natural language policies that precisely govern network traffic based on the specific data services and resources accessed.
ZPR represents a significant advancement by decoupling network security from the underlying architecture, providing a proactive safeguard against misconfigurations that can lead to security breaches. Built on an open standard co-developed by Applied Invention and Oracle in 2023, ZPR is now available to all OCI users at no cost, underscoring Oracle’s commitment to democratizing advanced security features for its cloud ecosystem.
- AI-based Updates and New App for Sustainability for Oracle Fusion Cloud Suites
At its annual event, Oracle unveiled transformative AI-driven updates to its Fusion Cloud suites, further solidifying its leadership in enterprise technology innovation. A key highlight was the introduction of Oracle Fusion Cloud Sustainability, a new application designed to help businesses seamlessly integrate and analyze sustainability data. By connecting Oracle Fusion Cloud ERP and Oracle Fusion Cloud SCM, this sustainability app empowers organizations to analyze and report sustainability metrics within Oracle Fusion Cloud Enterprise Performance Management (EPM) and Oracle Fusion Data Intelligence, ensuring that sustainability initiatives are tracked alongside financial and operational performance.
Oracle also made strides in talent management with the launch of Oracle Dynamic Skills, a new AI-powered feature within the Fusion Cloud Human Capital Management (HCM) suite. This dynamic tool equips enterprises to monitor and anticipate their evolving skill needs, enabling a proactive approach to workforce planning. Additionally, Oracle has enhanced the user experience (UX) within its Fusion Cloud Supply Chain Management (SCM) suite. These AI-driven improvements are designed to boost workforce productivity, enhance visibility, streamline processes, and guide decision-making with actionable insights, ultimately driving greater business outcomes.
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