Allbirds Stock Pumps Again as Sneaker Firm Completes AI Pivot, Rebranding to Smartbird – Decrypt
In brief Allbirds, the footwear company, has sold its shoe business and rebranded as Smartbird, an AI infrastructure provider. Nadia Carlsten, a veteran of AI compute infrastructure, has been named president and CEO. The company boosted its convertible financing facility to $100 million to fund its AI pivot. Allbirds, the sneaker company once known for...
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