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Allbirds Is Getting Out of the Shoe Business and Pivoting to AI Infrastructure

Say hello to Newbird AI, a radical experiment in buying GPUs and praying that profits follow.

Allbirds rose to prominence selling sustainable Merino wool sneakers that became the signature uniform of the Silicon Valley tech crowd in the late 2010s before rapidly losing popularity on the heels of its 2021 IPO. Faced with possible extinction, t… [2050 chars]

Source: Gizmodo | Published: 2026-04-15T15:45:27Z

Credit: Gizmodo

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