I’ve done this before and to cut a long story short, you trap air.
I had to do flat sheets of Twintex and my consumables couldn’t take the heat required to cure TT. I did some trial runs by clamping the fabric between two plates of 20mm steel with bolts around the perimeter every 100mm, applied over 1000 psi of equal force by using a torque wrench and after curing it there were small voids where the threads met. I don’t know if this is because TT has huge threads, maybe a 2k carbon would have worked better.
In the end I got high temp consumables, vac bagged it over some stainless and it came out flawless.
I also use vac bagging to make flat sheet carbon, it comes out perfect every time:

Saying that, hot press moulding is essentially a high tech press that’s heated and its used to cure the part. Although I think it still uses a vacuum to draw air, it might involve an elastic membrane. I’ve never been anywhere near a hot press, maybe one of the experts can give you more info on that.