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8/1/24, 1:14 PM PRESSR: Red Hat highlights evolution of AI in Middle East at Red Hat's EMEA AI Open Talks — TradingView News
PRESSR: Red Hat highlights

evolution of AI in Middle East at

Red Hat's EMEA AI Open Talks

Jul 30, 202411:06 GMT+4

The Middle East is quickly establishing itself as a global leader in artificial
intelligence (AI) innovation, thanks to large investments made to improve

productivity, safety, and reliability of the AI-powered tools. Several industry

leaders are driving this shift to improve business outcomes by improving

technology and broadening its applications across key sectors. At the forefront

of this change is Red Hat, a leader in open-source solutions, leveraging AI to

drive business efficiency and support regional sustainability goals.

The Hype Cycle

At the recent Red Hat's EMEA AI Open Talks, Red Hat shed light on several key

advancements in artificial intelligence (AI) and the company's perspective on
them. The discussion addressed the tremendous expansion and excitement that

the AI industry has experienced, leading some to speculate that the hype cycle

around AI is nearing its end. However, in the Middle East, AI's enormous

potential continues to spark significant investments, driving innovation and

economic growth.

Red Hat emphasized the importance of practical AI applications, ensuring that

the technology remains influential and productive. While hype surrounding
generative artificial intelligence (GenAI) persists, it has transcended the peak of

inflated expectations. In 2024, projects utilising other AI techniques – either

alone or in conjunction with GenAI – that have standardised procedures to

facilitate implementation is expected to yield greater benefits. AI leaders

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