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ALLBIRDS PIVOTS TO AI, REBRANDS AS SMARTBIRD

Shoe company Allbirds has rebranded as Smartbird and shifted focus to AI infrastructure. The company appointed Nadia Carlsten, a former Amazon Web Services executive, as CEO, causing its stock to surge over 20%.

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Shoe company Allbirds changes its name to Smartbird as it pivots to an AI infrastructure company and names ex-AWS exec Nadia Carlsten as CEO; BIRD jumps 20%+ (Anhata Rooprai/Reuters)

Anhata Rooprai / Reuters: Shoe company Allbirds changes its name to Smartbird as it pivots to an AI infrastructure compa…

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