All articles tagged with #smartbird
Allbirds stock surges over 50% after the company renames to Smartbird and appoints Nadia Carlsten, a former AWS executive, as CEO, signaling a shift from sneakers to enterprise AI infrastructure and data-center services; the move follows earlier plans to tackle AI market needs and comes as analysts project trillions in AI-related capital expenditures through 2030.
Allbirds has rebranded to Smartbird and named Nadia Carlsten, formerly of AWS and a quantum computing center, as CEO as it pivots from footwear to AI compute infrastructure, after an earlier renaming to NewBird AI. The move follows the sale of its footwear assets and closure of U.S. stores, and shares jumped about 39% on the news.
Allbirds has pivoted from footwear to AI infrastructure, selling its shoe business and rebranding as Smartbird with Nadia Carlsten as CEO to build a mid-market, single-tenant GPU platform for enterprises and sovereign AI. The company will source GPUs from multiple vendors and tailor infrastructure for specific customers, avoiding direct competition with hyperscalers.