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PC Gamer
PC Gamer
James Bentley

A shoe company has taken $50 million to pivot to, of all things, GPU-powered AI infrastructure

An Allbirds store in the SoHo neighborhood of New York, US, on Wednesday, May 4, 2023. Allbirds Inc. is scheduled to release earnings figures on May 9.

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."

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