Best of March 2025

At the Oracle CloudWorld Tour event in Milan, Almawave announced the signing of a Memorandum of Understanding (MoU) with Oracle, approving the collaboration to develop and deliver Velvet-based artificial intelligence services for customers in vertical industries such as energy, healthcare, manufacturing, the public sector and transportation.

Velvet, the family of multilingual generative AI models developed by Almawave, is now available on Oracle Cloud Infrastructure: easier access and adoption on domestic and international markets The two companies will promote concrete AI use cases to the market, thanks to Almawave's AI applications and Oracle's original and secure infrastructure capabilities.

Valeria Sandei, Chief Executive Officer, Almawave, stated "The collaboration with Oracle Italy opens up new and concrete opportunities for enterprises and public sector entities that seek to adopt ready[1]to-use AI solutions that are marked by their effectiveness and sustainability, designed and built in our country, and delivered securely. Our commitment is to accelerate innovation, building a solid, transparent and fully integrated Italian foundational AI in the European context, with an international perspective. Oracle represents an extraordinarily valuable strategic partner for us because of its shared vision, infrastructure capability, and speed of execution. After releasing Velvet in open source mode on Hugging Face, seeing it now available on OCI confirms the validity of our strategy and strengthens our determination in being the benchmark model for Italy and beyond, knowing that we are only at the beginning."

Andrea Sinopoli, Vice President and Country Leader Cloud Tech at Oracle Italy, added: "The synergy between Oracle and Almawave highlights the potential of cloud-enabled artificial intelligence. The primary goal is to create shared value for both companies' customers through the synergy between Almawave's originality with the Velvet models and strong AI competencies, and the distinctive features of OCI's infrastructure, which will enable us to offer increasingly high[1]performance, scalable and secure solutions."