Allbirds, Inc. Announces Expansion into AI Compute Infrastructure

upmostly

Literally had to check the date with this one. What?!

threecheese

Are we in a bubble yet? The sneakers are doing AI now.

speakingmoistly

I hope their foray into compute works out better than their shoemaking. Bought a pair, didn't even last a season before starting to fall apart (which would still be very on brand for the general AI sector).

elmean

Each step powers one Claude conversation

aduffy

On top of this whole thing just being ridiculous, $50mm is also just not a very impressive amount of money to build out an AI data center.

dtagames

It's not an expansion. The first line says they sold the shoe business which will continue under someone else. The company is changing names and its line of business.

austinbaggio

This makes my start-up's pivots look a lot smaller

teeray

”AI” is the new “.com”

DeepYogurt

The shoe company? Edit: The shoe company.

nathan_compton

I hope this doesn't mess up their shoes. I am allergic to the plastic/leather in most shoes and allbirds is one of the few brands that typically is ok.

mlmonkey

I knew something was up when every morning I'd find my Allbirds mysteriously on top of my keyboard. And coincidentally, someone has been using all of my Claude tokens every night... But my jogging has been great recently! I've been posting PBs on Strava, though I don't remember creating a Strava account any time... hmmm...

eBombzor

The tech bro shoe really living up to it's name

PierceJoy

What a time to be alive.

dawnerd

This a last ditch effort to pop the stock a little so investors can get out?

agrippanux

If my math is right they can acquire about 1800 (lowish end) enterprise AI-capable GPUs for $50M so exactly what are they going to do with that? Seems pretty small.

ivraatiems

I have a pair of Allbirds, they're pretty comfy. I like them. What, ah, do they have to do with AI?

xnx

Long Island Iced Tea Corp did this back in 2017 when they rebranded to "Long Blockchain Corp". Allbirds should've rebranded itself as AIbirds.

giwook

LOL. This reminds me of when the Long Island Iced Tea company renamed themselves to the Long Blockchain Corp in 2017 when crypto was soaring and their stock immediately took off. Four years later the SEC charged three people (including the company's majority shareholder) with insider trading.

suzzer99

This reminds me of when a coworker left to go help develop Technicolor's (yes, that Technicolor) new social media platform.

sgammon

shoe shine boy is trying to sell me compute