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RedCloud Holdings plc (NASDAQ:RCT) ("RedCloud" or the "Company") the technology company behind the RedAI trading platform for businesses across Fast Moving Consumer Goods ("FMCG") supply chains, today announced it has joined the NVIDIA Connect program as part of its mission to deliver a new operating system for global trade.
The move will allow RedCloud's development teams to explore NVIDIA's advanced AI frameworks, software development kits (SDKs), and expertise to accelerate its product roadmap with a view to delivering cutting-edge solutions to customers. The Company anticipates that this may contribute to its next wave of innovation to address the $2Tn1 global inventory gap that exists within the estimated $14.6Tn2 global FMCG industry—a problem the Company believes widely impacts the performance and growth of businesses across global supply chains.
The NVIDIA Connect program offers exclusive resources to software development companies to help them speed up development and get products to market faster. Through this program, RedCloud will seek to enhance future capabilities and features within the RedAI trading platform, Red101 retailer app and TradeX bulk trading program, or release future AI-fueled products to its clients.
Posted In: RCT
