RedCloud has operationally launched a $30 million, five-year joint venture with Kayanat to deploy its RAID predictive intelligence infrastructure across Saudi Arabia's $68 billion FMCG market, structured at $6 million in annual revenue share. The JV targets distributor and retailer pipeline development across the Eastern Province, Riyadh, and Western Province.
RedCloud and Kayanat have operationally launched their five-year, $30 million joint venture, RedCloud Arabia, to deploy AI infrastructure across Saudi Arabia. The JV is structured at $6 million per year based on revenues generated through RedAI deployments and will serve distributors and retailers in key provinces pending formal incorporation.
The RAID predictive intelligence engine, built on Anthropic Claude foundation models and trained on $6.9 billion of proprietary FMCG data, will integrate with customer ERP systems to deliver semi-autonomous decision-making. An Arabic-language RedAI website, marketing campaign, and webinar series are set to raise awareness and support pipeline development.
The joint venture aligns with Saudi Vision 2030 and the Year of Artificial Intelligence 2026, targeting the $68 billion FMCG sector to boost non-oil productivity and develop local AI talent. Initial deployment will focus on the Eastern Province, Riyadh, and Western Province, with customer commercial closes expected in the second half of 2026.
