Overview
- RedCloud said its developers will gain access to Nvidia AI frameworks, SDKs and expertise through the Connect program.
- The company plans to enhance its RedAI trading platform, the Red101 retailer app and the TradeX bulk-trading service, with additional AI-driven products under consideration.
- RedCloud framed the initiative as targeting a reported $2 trillion global inventory gap within an estimated $14.6 trillion FMCG market.
- RCT shares rose about 28.38% to $1.31 intraday on Wednesday following the announcement, according to Benzinga.
- The move follows H1 2025 customer growth, a newly announced Saudi joint venture and a payments partnership strategy, with outcomes noted as forward-looking and subject to execution risks.