AI Technology Better Grounded Than Crypto or NFTs, Says Red Hat CTO

AI Technology Better Grounded Than Crypto or NFTs, Says Red Hat CTO

Red Hat's Chief Technology Officer, Chris Wright, believes that artificial intelligence (AI) technology is more grounded and promising compared to cryptocurrencies or non-fungible tokens (NFTs). According to Wright, AI has the potential to make a significant impact on businesses, similar to how cloud technology did in the past.

Wright compares the current AI landscape to the early days of cloud technology, saying that it may take some time for AI to reach its full potential. However, he emphasizes that AI is more than just a trend, with real-world applications and benefits. Red Hat is focusing on enabling flexible infrastructure for AI workloads across platforms, allowing companies to build with choice and flexibility.

The company aims to provide a hybrid cloud platform needed for training, tuning, testing, deploying, and monitoring AI models. Wright predicts that enterprises will have thousands of applications and models, possibly a multiplier on the number of models relative to the applications. Open source will likely play a prominent role in AI, with Red Hat committed to open-source principles and community-driven innovation.¹ ²

Red Hat's approach to open-source AI involves combining open-source licensed model weights with open-source software components. This approach enables the creation of more adaptable and scalable AI solutions. The company's work in the open-source AI space includes projects like InstructLab and the Granite family of open-source licensed models.

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