RedCloud Holdings jumps 14.07% intraday after announcing AI R&D hub in Istanbul to commercialize real-time decision engine.

RedCloud Holdings surged 14.07% intraday following the announcement of plans to establish an AI R&D hub in Istanbul to enhance its RedAI platform. The hub, located at ITU Teknokent, will focus on operationalizing real-time decision intelligence through the R.A.I.D. engine, which has demonstrated performance above industry benchmarks. The move aligns with RedCloud's strategy to build scalable AI infrastructure for global trade, particularly in the fast-moving consumer goods sector. By positioning the hub in Türkiye—a strategic trade corridor—RedCloud aims to leverage local engineering talent and address inefficiencies in fragmented trading systems. The news reinforced the company’s growth narrative, contributing to the sharp intraday price increase.