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RedCloud Launches Saudi Operations Under $30M Joint Venture with Kayanat; RAID Intelligence Infrastructure on Anthropic Claude Activates for FMCG Deployment Across Kingdom

  • RedCloud Holdings plc (NASDAQ: RCT) announced the operational launch of its $30 million joint venture with Kayanat to deploy RedAI infrastructure in Saudi Arabia pending formal incorporation of RedCloud Arabia.
  • The joint venture framework spans five years with $6 million in annual revenue targets based on RedAI infrastructure generated within the Kingdom.
  • RedCloud will target the Kingdom's $68 billion FMCG market across the Eastern Province, Riyadh, Western Province, & broader commercial corridors.
  • Recent activities include sales activity, pipeline development, & an Arabic language RedAI website to showcase product benefits ahead of upcoming marketing campaigns & webinars.
  • RAID (Realtime AI for Distribution) is the core predictive engine operating on Anthropic Claude foundation models (Haiku, Sonnet, Opus) via Model Context Protocol integration.
  • RAID is trained on $6.9 billion in proprietary FMCG transactional data collected over four years & includes Specialist Agents for Inventory, Sales, & Market Planning.
  • The initiative aligns with Saudi Vision 2030 digitization pathways & the Kingdom's designation of 2026 as the Year of Artificial Intelligence.
  • RedCloud aims to contribute to non-oil productivity objectives by transferring AI capability, scaling predictive intelligence across FMCG trade corridors, & developing Saudi technology talent.
  • The Company expects to progress customer commercial close pipeline development across the second half of 2026.
  • RAID is positioned to operate alongside existing Enterprise Resource Planning systems to provide predictive layers rather than just recording historical data.