Page 26 - Red Hat PR REPORT - JULY 2024

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
should therefore combine developments from all stages of the ‘Hype Cycle’ to

create composite AI techniques as the foundation for future system

architectures in order to maximise benefits.

Swarm AI

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

https://www.tradingview.com/news/reuters.com,2024-07-30:newsml_Zaw7SqL56:0-pressr-red-hat-highlights-evolution-of-ai-in-middle-east-at-red-hat-s… 2/3