Page 12 - Red Hat PR REPORT - JULY 2024
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               Red Hat then continued to advocate for Swarm AI, a bottom-up approach to AI that places a

               strong focus on transparency, community-driven development, and ethical principles. Swarm AI
               improves data exchange and offers more precise and efficient solutions by utilising a collective

               of smaller models. More importantly, this method differs from the conventional dependency on

               big, monolithic AI systems.


               Impact on Key Domains


               Red Hat's AI solutions are also renowned for having a significant impact on several key industries,

               like the stock market, fraud management, and healthcare. AI is used in healthcare to improve

               patient care and expedite operations, while AI-driven fraud management systems can detect and

               prevent fraudulent activities in finance. It also supports the stock market by offering predictive
               analytics to inform investment strategies.



               Significance of Small Models


               It was noted that while major players such as Microsoft, Google, and Meta dominate the AI

               landscape, Red Hat's strategy  focuses on small, domain-specific models. By using company-
               specific data to train the models, more reliable and customised solutions can be offered. This

               method works particularly well for business applications as it addresses privacy concerns and

               boosts productivity.


               AI and Sustainable Development


               Above all, the Middle East's investments in AI  demonstrate its commitment  to sustainable

               development. Red Hat makes sure  that advancements in AI have a positive impact on

               environmental factors by aligning its developments with regional sustainability goals. This entails

               maximising resource efficiency, cutting carbon footprints, and  optimising energy use. The
               company also supports startups and early-stage innovations, fostering a vibrant ecosystem that

               encourages advances in AI. Red Hat supports these companies in the development of cutting-

               edge AI technologies by lending resources and expertise.
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