sabreW4K3 ( sabreW4K3@lazysoci.al ) to

TechnologyEnglish · 6 months ago

Allbirds shares soar 580% after pivot from shoes to AI

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Allbirds shares soar 580% after pivot from shoes to AI

sabreW4K3 ( sabreW4K3@lazysoci.al ) to

TechnologyEnglish · 6 months ago

The company is selling off its shoe brand as it plans to shift to providing technology infrastructure.

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Hirom ( Hirom@beehaw.org )
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6 months ago
That’s a hard pivot. And building more AI infrastructure is a bad idea. But they might make some short term money given the AI hype.
- belated_frog_pants ( belated_frog_pants@beehaw.org )
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  6 months ago
  Thats all they care about

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