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BIRD News3 articles
Smartbird Soars 39% as Ex-Allbirds Pivots to AI Infrastructure
Smartbird shares surged 39.09% to $5.48 after completing its pivot from Allbirds to AI infrastructure, naming ex-AWS executive Nadia Carlsten CEO and doubling convertible financing to $100 million.
Smartbird Surges 50% on AI Pivot, New CEO, and Financing Boost
Smartbird (BIRD) shares surged 50% after completing its footwear exit, appointing ex-AWS executive Nadia Carlsten as CEO, and doubling its convertible financing to $100 million for AI infrastructure.
Allbirds to Rebrand as NewBird AI After $50M Funding, Exiting Footwear
Allbirds will transform into NewBird AI, securing up to $50 million in funding to launch a GPU rental business after selling its shoe brand assets. Shares jumped over 300% on the news.