RedCloud To Use NVIDIA Tech to Target $2.8Bn Saudi Trade Opportunity
RedCloud Holdings plc - Ordinary Shares (RCT)
Company Research
Source: GlobeNewswire
LONDON, Nov. 06, 2025 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (Nasdaq: RCT) (“RedCloud” or the “Company”) the technology company behind the RedAI trading platform today announced plans to develop a new RedAI recommendation feature based on NVIDIA's cuOpt Optimization Engine in the Saudi Arabian market, unlocking an estimated $2.8Bn annual trade opportunity within the Kingdom's fast-moving consumer goods (FMCG) supply chains. The Company believes there’s an estimated $8Bn inventory gap2 of lost economic opportunity within the estimated $62Bn Saudi Arabian FMCG industry1, whereby overstock or understock of inventory leads to lost opportunity across the supply chain and empty shelves in stores. The Company believes that inefficient inventory management is a major contributor to this problem—where decision making on inventory orders using Economic Order Quantities (EOQ) of inventory are calculated in the absence of adequate market level data about predicted supply and demand in each
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News
- RedCloud Announces H1 2025 Earnings Release Date [Yahoo! Finance]Yahoo! Finance
- RedCloud Announces H1 2025 Earnings Release DateGlobeNewswire
- RedCloud Expands AI Platform Addressing $2Tn Inventory Crisis For Retail BusinessesGlobeNewswire
- RedCloud's CEO Floyd To Join NVIDIA, Google, Amazon, At Exclusive AI Summits in Tokyo and Doha [Yahoo! Finance]Yahoo! Finance
- RedCloud’s CEO Floyd To Join NVIDIA, Google, Amazon, At Exclusive AI Summits in Tokyo and DohaGlobeNewswire