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RedCloud Signs Open Weights Letter with Microsoft, NVIDIA, and OpenAI


RedCloud Signs Open Weights Letter with Microsoft, NVIDIA, and OpenAI
  • by: GlobeNewswire
  • |
  • August 11, 2026

RedCloud Holdings has 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.

Quick Intel

  • RedCloud signs Open Weights Letter alongside Microsoft, NVIDIA, Meta, Google, and OpenAI.

  • Letter calls for continued availability of open-weight AI models.

  • RedCloud specializes models on $6.9B in FMCG trading data across categories and countries.

  • Open weights enable fine-tuning and pre-training inside RedCloud's own infrastructure.

  • Supports RedAI infrastructure for more than 100,000 customers.

  • Builds on proprietary Data Foundation with real trading data from Lagos, Istanbul, and Delhi.

Open Commerce and AI Infrastructure

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. The result is a global $2Tn annual inventory gap: 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 intended to deliver it, built on a proprietary Data Foundation of $6.9Bn in FMCG trading data aggregated across categories and countries since 2023, growing with every transaction on the network.

Why Open Weights Matter

The Company believes that general-purpose models have likely never seen the trading behaviour of FMCG markets in Lagos, Istanbul, or Delhi, and prompting does not close that gap. Open-weight models are intended to be specialised on that data directly through fine-tuning and continued pre-training, carried out inside RedCloud's own environment so customer trading data need not pass to a third-party provider. Because the model's weights are open, researchers can inspect and audit how it reaches its answers, and independently benchmark predictions and recommendations customers rely on. Specialised open models also enable RedAI to reserve frontier-scale capability for genuinely frontier problems while running efficient models on routine tasks.

"We do not build foundation models — we build the intelligence layer of global trade on top of them, and that is why this letter matters to us. Our customers' intelligence comes from $6.9 billion of real trading data from markets, plus workflow knowledge built into our specialist agents. Open weights let us teach a model directly and put the result in customers' hands without their data leaving our environment. Open weights are how we build Open Commerce," said Justin Floyd, CEO and Co-Founder of RedCloud.

"Trade in goods is inefficient because it is opaque and siloed — a few parties hold the strings, everyone else guesses, and two trillion dollars of inventory ends up in the wrong place every year. We are not going to rebuild that dependency one layer up in the AI stack."

About RedCloud

RedCloud's mission is to build the intelligence infrastructure of global trade, through generation and aggregation of proprietary trading and market data from across the FMCG industry through its RedAI infrastructure and associated products. RedCloud provides market intelligence based on proprietary trading data across categories in each of its markets. The Company also delivers a trading infrastructure and related products for use by its customers, to enable intelligent digital exchange of everyday consumer supplies across business supply chains, supported by a payments and lending ecosystem intended to streamline trade.

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