
Allbirds, an [ex] shoe company with an environmental focus that has been around for over a decade now, has announced the sale of the brand and a pivot to AI. This includes a $50 million investment from "an institutional investor" into a facility which is expected to serve the company's goals.
As detailed in its latest press release (via Wall Street Rollup), it plans on becoming a "fully integrated GPU-as-a-Service (GPUaaS) and AI-native cloud solutions provider."