- Allbirds, previously known for its sustainable footwear and apparel, is pivoting to become a provider of AI compute infrastructure. The company has secured $50 million in financing to support this shift.
- The announcement marks an unexpected turn from Allbirds’ long-standing commitment to sustainability, shifting the company’s focus towards becoming a GPU-as-a-Service (GPUaaS) and AI-native cloud solutions provider.
- With its new direction, the company is renaming itself NewBird AI, suggesting it will continue to produce clothing but under a different brand identity. However, this move remains somewhat perplexing given recent announcements about selling off footwear assets and launching a colorful shoe line just weeks ago.
Originally published at arstechnica.com. Curated by AI Maestro.
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