Allbirds has rebranded as Smartbird after selling its shoe business for $43 million and raising $100 million to focus on AI infrastructure. New CEO Nadia Carlsten aims to provide controlled server deployments for companies prioritizing data sovereignty over public cloud scalability.
Allbirds, formerly known for its sustainable footwear, has rebranded as Smartbird and sold its shoe business to focus entirely on artificial intelligence infrastructure. Nadia Carlsten, an AI industry veteran, is the new CEO. The company aims to provide enterprise-grade AI computing clusters, backed by expanded financing.
Allbirds, which recently rebranded to NewBird AI, is changing its name again to Smartbird and appointing Nadia Carlsten as its new CEO, replacing Joe Vernachio. Carlsten has a background in quantum computing and AI infrastructure.
Reports suggest Shein plans to acquire Everlane, a sustainable fashion brand, sparking dismay among advocates. This follows similar trends of brands dropping eco-goals, raising questions about corporate commitment to sustainability versus profit.
John Ternus ascends the throne – but Cook will stay on to manage tech giant’s foreign policy as executive chairHello, and welcome to TechScape. I’m your host, Blake Montgomery, US tech editor at the Guardian, writing to you after seeing The Jellicle Ball, a revival of Cats that I found fabulous and which the Guardian called “thrillingly new”.Shares in Allbirds surge after maker of wool sneakers announces pivot to AI Continue reading...
Le fabricant de baskets écoresponsables Allbirds a décidé, mercredi, de devenir du jour au lendemain une entreprise… d'IA. Un virage commercial et boursier inédit qui a entraîné un spectaculaire bond de 600 % en Bourse pour cette société qui était au bord de la faillite. L'IA fait-elle perdre la tête à certains investisseurs en quête de nouvelles aventures spéculatives ?
The company is selling off its shoe brand as it plans to shift to providing technology infrastructure.
