Page 29 - Red Hat PR REPORT - JULY 2024

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 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 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.

Red Hat is committed to spearheading AI innovation in the Middle East, giving practical
applications, sustainability, and ethical development top priority across a range of industries. The
Red Hat OpenShift AI is an open-source platform that supports this vision, and allows for
developing, training, testing, and serving models for your own AI-enabled applications. By
embracing smaller, more effective AI models that promote regional initiatives, Red Hat hopes to
make AI a productive and transformative force in the region.

https://www.aiunplugged.io/blog/red-hat-highlights-evolution-of-ai-in-middle-east-at-red-hats-
emea-ai-open-talks/