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RedCloud To Use NVIDIA Tech to Target $2.8Bn Saudi Trade Opportunity

RCT
  • RedCloud Holdings plc (NASDAQ: RCT) announced plans to develop a new RedAI recommendation feature using NVIDIA's cuOpt Optimization Engine for the Saudi Arabian market.
  • The initiative targets an estimated $2.8Bn annual trade opportunity within the Kingdom's $62Bn FMCG supply chain by addressing an $8Bn inventory gap caused by inefficient stock management.
  • NVIDIA's GPU-accelerated engine enables calculations in seconds that previously took hours, aiming to mitigate up to 35% of the inventory gap through AI-driven decisions.
  • RedCloud Arabia will invest in local Saudi AI engineering talent to develop intelligent features, positioning the Kingdom as a global innovation hub aligned with Vision 2030.
  • Majid Alghaslan of Kayanet Holding emphasized that Saudi Arabia's energy advantage will now fuel AI factories, with advanced discussions underway with leading manufacturers & distributors.
  • CEO Justin Floyd stated the project transforms distributor operations from sales-driven to prediction-driven engines, comparing the platform's potential impact to Bloomberg in finance or Google on the internet.
  • As an NVIDIA Connect program member, RedCloud intends to deploy the Intelligent EOQ feature globally in Argentina, Brazil, Nigeria, & South Africa following successful Saudi pilots.
  • The announcement follows operational momentum in the first half of 2025, including doubling customer numbers, launching new payment partnerships, & expanding the technology ecosystem with AWS & Snowflake.
  • RedCloud's RedAI platform facilitates B2B FMCG trading by providing data-driven market insights & AI to streamline inventory & purchasing decisions across supply chains.