Page 31 - Red Hat PR REPORT - JULY 2024

7/30/24, 1:44 PM Red Hat highlights evolution of AI in Middle East at Red Hat's EMEA AI Open Talks
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.

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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 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

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