Oracle revealed that it was developing a new cloud service with Cohere, a startup that specializes in building large language models.
Oracle Corp., the software giant known for its database technology, is joining the chorus of enterprise cloud vendors betting big on generative AI services.
On Monday, the company revealed that it was developing a new cloud service with Cohere, a Toronto-based startup that specializes in building and training large language models (LLMs).
Oracle’s founder and chief technology officer, Larry Ellison, confirmed the partnership during the company’s fourth-quarter earnings call, where he also reported strong growth in Oracle’s cloud business. Ellison said that Oracle and Cohere were working together to make it easy for enterprise customers to train their own customized LLMs using their private data, while protecting their data privacy and security.
The news has been rumored for quite some time given the close relationship between both companies. Just last week, Oracle was part of Cohere’s $270 million Series C funding round that valued the startup at around $2.2 billion. Other investors in the round included Nvidia Corp., Salesforce Ventures, Deutsche Telekom AG and SentinelOne Inc.
