RedCloud Signs Open Weights and American AI Leadership Letter Alongside Microsoft, NVIDIA and OpenAI

RedCloud joins Microsoft, NVIDIA, Meta, OpenAI and others in backing open-weight AI — allowing the Company to specialise advanced models on FMCG trading data inside its own infrastructure, and deliver market-level intelligence without customer data leaving that environment

London, Aug. 06, 2026 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (Nasdaq: RCT) (“RedCloud” or the “Company”), the company building intelligent infrastructure for global trade, today announced that it has joined as a co-signatory of the Open Weights Letter, the industry-wide commitment to open-weight AI models convened by Microsoft, NVIDIA and a coalition of leading technology companies.

The letter, now closed to further signatories, drew over 270 companies, including Meta, Google, OpenAI, Amazon, IBM, Intel, Databricks, Palantir, Hugging Face and Mistral. It calls for the continued availability of open-weight models — models that can be downloaded, inspected, modified and run on an organisation’s own infrastructure.

RedCloud is not a developer of foundation models; like most signatories, it builds on them. Its participation is practical: the Company’s ability to deliver differentiated intelligence to its customers rests on specialising advanced models on FMCG trading data inside infrastructure it controls.

Why Open Weights Matter to RedCloud’s Customers

The Company believes the movement of goods through global supply chains has long been closed and fragmented — run on relationships rather than a shared record. RedCloud believes the result is a global $2Tn annual inventory gap¹: stock in the wrong place, capital tied to the wrong forecast, and no shared view of price.

RedCloud’s answer is Open Commerce: trade in which supply, demand and price are intended to be visible to every participant rather than held by a few. RedAI is the infrastructure that is intended to deliver it, built on a proprietary Data Foundation — $6.9Bn in FMCG trading data aggregated across categories and countries since 2023², growing with every transaction on the network. Because that data is pooled in a form that RedCloud believes likely exists nowhere else, the Company believes each customer gains a view of their market that no customer could assemble from their own trading records alone, and that therefore no general-purpose model can be trained to provide.

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