Allbirds Ditches Shoes for AI

Allbirds is reinventing itself as Smartbird, ditching sneakers for AI infrastructure after selling its shoe business for $43 million and raising $100 million from the stock market. Led by Nadia Carlsten, a tech PhD and AWS veteran, the new venture aims to provide specialized AI compute power for industries needing data control—like pharma, energy, and government—without competing on price or scale. Carlsten’s first move? Building a new leadership team and securing office space, with pilot compute clusters targeting launch by year’s end. It’s a high-stakes pivot into AI’s backbone, betting on substance over hype. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e170b2aaad129bc4