OCI Generative AI Service Launches — Cohere and Llama Models at Industry-Low Prices

Oracle launched OCI Generative AI Service with Cohere Command R+ and Llama 3 70B as managed endpoints. Base pricing: $0.00015/1K tokens for Llama — among the lowest managed LLM pricing in cloud. Fully integrated with OCI IAM and VCN.

TCOIQ: For OCI customers, this provides VPC-native LLM inference at costs that undercut AWS Bedrock and Azure OpenAI by 2-3x. For cloud-agnostic organisations, OCI Gen AI is worth evaluating as an egress-free, low-cost inference endpoint for high-volume workloads.