Smartbird, Inc

When Allbirds pivoted to AI in April, it felt like a joke from Silicon Valley breaking free of the TV: The direct-to-consumer shoe purveyor whose flimsy kicks helped define what we'll loosely call Silicon Valley style had discovered a new trend to chase.

techcrunch.com - 2026-06-19 09:00:00

Smartbird (NASDAQ: BIRD) stock jumps as the company completes its shift from footwear to AI infrastructure. Read the latest updates.

feeds.benzinga.com - 2026-06-18 08:59:41

From shoes to AI to . . . Smartbird?

fastcompany.com - 2026-06-18 07:21:35

Allbirds completed its transformation from a footwear company into an artificial intelligence infrastructure provider on Wednesday, changing its name to Smartbird and appointing former Amazon executive Nadia Carlsten as chief executive officer. The announcement sent shares of the company, which continues to trade under the ticker BIRD, sharply higher.

invezz.com - 2026-06-17 14:54:32

Allbirds began as a footwear manufacturer whose wool sneakers surged in popularity with San Francisco's tech workers and executives a decade ago. The company was valued at $4 billion after an IPO in November 2021, but sales began falling during the pandemic.

forbes.com - 2026-06-17 11:45:27

Allbirds on Wednesday rebranded to Smartbird and announced Nadia Carlsten as its new CEO. In April, the company changed its name to NewBird AI and shifted from making shoes to Ai compute infrastructure.

cnbc.com - 2026-06-17 11:14:02

Allbirds changed its name to Smartbird on Wednesday and appointed former Amazon Web Services executive Nadia Carlsten as ​president and CEO, cementing the former footwear maker's pivot ‌to an AI infrastructure firm.

reuters.com - 2026-06-17 09:10:03

Allbirds is changing its name to Smartbird and pivoting to an AI business, appointing Nadia Carlsten as its new chief executive.

wsj.com - 2026-06-17 09:02:00

Nadia Carlsten, AI and advanced computing industry leader, appointed president, CEO and board member Independent Director Lily Yan Hughes appointed as board chair Allbirds, Inc. name changed to Smartbird, Inc. SAN FRANCISCO, June 17, 2026 (GLOBE NEWSWIRE) -- Smartbird, Inc. (NASDAQ: BIRD), an AI infrastructure provider, today announced the appointment of Nadia Carlsten as president and chief executive officer. Carlsten has also joined Smartbird's board of directors.

globenewswire.com - 2026-06-17 08:10:00

Allbirds has been rebranded as Smartbird. Instead of selling shoes, it's an AI infrastructure provider.

businessinsider.com - 2026-06-17 06:00:01

SAN FRANCISCO, June 15, 2026 (GLOBE NEWSWIRE) -- Allbirds, Inc. (NASDAQ: BIRD) previously announced that the Company intends to make a distribution, in the form of a special dividend, to stockholders of record of a portion of the proceeds from the previously disclosed Asset Sale (such special dividend, the “Asset Sale Dividend”). The Company announced today that the Board of Directors of the Company has established June 25, 2026, as the record date for the stockholders of the Company entitled to receive the Asset Sale Dividend, with the payment of the Asset Sale Dividend to occur within 60 days of such record date.

globenewswire.com - 2026-06-15 16:05:00

Investors' response to the former shoe company's pivot may say something important about the outlook for neocloud companies.

fool.com - 2026-05-04 06:23:00

When Liza Moiseeva first heard that Allbirds was pivoting to AI, she thought it was satire.

fastcompany.com - 2026-04-22 10:57:00

Meme stocks are darlings of retail traders and go viral on social media. They typically are small, relatively illiquid — and unprofitable.

marketwatch.com - 2026-04-21 12:58:00

Once a trendy shoe brand among tech-oriented consumers, Allbirds NASDAQ: BIRD is undertaking a huge shift in its business model. The company has sold its shoe product portfolio and is now moving into the market's most discussed area: artificial intelligence (AI) infrastructure.

marketbeat.com - 2026-04-21 11:15:16

Allbirds stock initially rose 500% on news of its pivot into AI. The company's stock has lost nearly 98% of its value since its IPO in late 2021.

fool.com - 2026-04-18 18:17:00

It can be hard to know when what goes up will come down.

investopedia.com - 2026-04-17 14:50:53

It was quite the shocker to see shares of former Silicon Valley-loved footwear firm Allbirds (NASDAQ:BIRD) skyrocketing as much as 800% or so at its high point on Wednesday before closing quite a bit lower.

247wallst.com - 2026-04-17 09:15:49

Allbirds plans to rebrand as NewBird AI and acquire GPUs to provide AI compute infrastructure after selling its footwear brand for $39 million to American Exchange Group.

foxbusiness.com - 2026-04-16 16:31:58

Allbirds stock surged over 580% after the company announced a pivot to become an AI business. But what's really behind the move—and why are investors rewarding it?

youtube.com - 2026-04-16 16:15:03

The fashion sneaker company has secured $50 million in funding to pivot to AI.

barrons.com - 2026-04-16 15:54:00

After rising by more than 580% in a single trading session yesterday, shares of Allbirds Inc. (Nasdaq: BIRD) fell this morning in premarket and were down about 30% in early trading after markets opened.

fastcompany.com - 2026-04-16 15:21:42

Allbirds' plan to trade shoe stores for data centers won't be easy to pull off. The company needs more money, expertise, and relationships with hyperscalers.

businessinsider.com - 2026-04-16 15:00:12

A growing number of companies are reinventing themselves around artificial intelligence and digital assets, triggering sharp stock moves as investors reward tech-focused transformations. From footwear makers to legacy beverage brands, firms are leaning into AI, crypto, and data infrastructure to tap into renewed market enthusiasm.

invezz.com - 2026-04-16 14:35:16

Allbirds, Inc. pivots from footwear to GPU-as-a-service, rebranding as NewBird AI after selling its shoe business. I downgrade BIRD stock to Sell, citing lack of management experience in cloud infrastructure and enterprise sales. BIRD's $50 million capital base is dwarfed by competitors' multi-billion dollar war chests, severely limiting competitive potential.

seekingalpha.com - 2026-04-16 14:02:40

Allbirds (BIRD) soared 600% on Wednesday's trading session after making a heel turn from sneakers and into AI infrastructure. David Trainer of New Constructs calls the move a "wild hail Mary" and, more bluntly, a "trick" to renew company value.

youtube.com - 2026-04-16 14:00:23

A shoe company just announced it was transforming to an AI firm and the stock jumped 630%.

247wallst.com - 2026-04-16 12:59:25

The rebrand, effective April 15, involves what the company calls a strategic shift toward “privacy-first AI agents” that will be integrated across its social media and messaging apps, including its DatChat encrypted messaging platform and Picture Party photo-sharing app.

benzinga.com - 2026-04-16 11:51:52

Everyone is talking about Allbirds and AI. A company that sold sneakers (ones I wear) just sold its entire shoe business for $39 million, raised $50 million from an unnamed institutional investor, then rebranded as NewBird AI to sell GPU compute to developers locked out of Amazon and Microsoft. The stock surged over 800% when markets opened, settling at a still-staggering 700% gain by mid-morning, trading around $20 a share.

forbes.com - 2026-04-16 11:51:27

Retail investors were quick to embrace Allbird's shocking pivot into AI. Net purchases hit a record $5.2 million in a single day, surpassing even demand seen during the company's 2021 IPO.

cnbc.com - 2026-04-16 11:47:09

There are corporate pivots, and then there’s whatever Allbirds Inc (NASDAQ:BIRD) just pulled off on Wednesday. In the space of a week, the New...

proactiveinvestors.com - 2026-04-16 11:21:00

Here is how Allbirds, Inc. (BIRD) and Li Ning Co. (LNNGY) have performed compared to their sector so far this year.

zacks.com - 2026-04-16 10:41:37

Shares of Allbirds, the merino wool sneaker retailer that sold itself last month for $39 million, soared 594%, following a press release trumpeting the company's entry into the battle for artificial intelligence cloud services through a $50 million convertible financing and a rebranding as “NewBird AI,” according to the New York Times.

forbes.com - 2026-04-16 10:20:09

A day after footwear maker Allbirds rose 582% on its plan to "pivot its business to AI compute infrastructure," social media firm Myseum was up 181% early ​on Thursday in the latest sign of an investor mania for artificial intelligence stocks.

reuters.com - 2026-04-16 10:09:02

Allbirds, Inc. (BIRD) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

zacks.com - 2026-04-16 09:56:28

The fall of former direct-to-consumer darling Allbirds has taken a very weird turn. Allbirds, the sustainable shoemaker that caught fire with the Silicon Valley set about a decade ago, will start selling silicon itself.

fastcompany.com - 2026-04-16 09:21:38

Allbirds stock was tumbling Thursday after rising more than sixfold on Wednesday when it said it was raising $50 million to buy AI servers and rent them out.

barrons.com - 2026-04-16 09:12:00

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proactiveinvestors.com - 2026-04-16 08:16:00

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cnbc.com - 2026-04-16 08:10:18

Sovereign Metals Ltd (ASX:SVM, OTCQX:SVMLF, AIM:SVML, FRA:SVM) has laid out the full scale of its Kasiya rutile-graphite project in Malawi, with a...

proactiveinvestors.com - 2026-04-16 07:50:00

Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) will enter the S&P/ASX 200 next week, replacing National Storage REIT (XASX: NSR). Its entry, set to take effect...

proactiveinvestors.com - 2026-04-16 07:26:00

Shares in Allbirds spike after the sustainable shoe maker announced that the company is pivoting to AI after selling its intellectual property in recent weeks.

youtube.com - 2026-04-16 06:22:59

Allbirds Inc. shares surged over 582% on an AI pivot announcement but fell sharply after-hours as critics questioned the strategy.

feeds.benzinga.com - 2026-04-16 00:09:49