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RedCloud To Establish AI R&D Hub in Türkiye to Advance R.A.I.D. Into Enterprise Deployment

  • RedCloud Holdings plc (NASDAQ: RCT) announced plans to establish a dedicated AI research & development hub at ITU Teknokent in Istanbul, Türkiye.
  • The hub will focus on data science & engineering to transition the R.A.I.D. (Realtime AI for Distribution) engine from validated capability to enterprise-grade deployment.
  • R.A.I.D. has been tested across millions of FMCG transactions with recommendation performance exceeding industry benchmarks.
  • The R.A.I.D. engine is scheduled for commercialization within the RedAI platform later in 2026, initially in Türkiye before expanding internationally.
  • The Türkiye R&D center will translate R.A.I.D. into enterprise workflows, integrate intelligence into live trading environments, support early adopters, & expand capabilities in demand, pricing, inventory, & credit decisioning.
  • Türkiye was selected for its strategic position at the intersection of Europe, the Middle East, & Asia, offering large domestic demand, advanced manufacturing, & fragmented distribution networks.
  • Justin Floyd, Founder & CEO, stated the move shifts legacy systems from recording decisions to executing millions of real-time trade decisions continuously.
  • Mehmet Bostan, joint venture partner & founding CEO of RedCloud Türkiye, emphasized that local engineering capability is essential to act on quality data in real time within complex markets.
  • This expansion follows a previously announced $50 million infrastructure licence agreement with Pro Raba in Türkiye.
  • RedCloud is a British company registered in London, co-founded by Justin Floyd & Soumaya Hamzaoui, which achieved its IPO on Nasdaq in March 2025 under the ticker "RCT".