Allbirds Is Pivoting to AI Compute. Sure, Why Not

# Allbirds, the popular shoe company, is abandoning its core business to become an AI infrastructure company instead. The struggling footwear brand—once valued at $4 billion—is rebranding as NewBird AI and will now rent out computing power to other companies building AI tools. It's a dramatic pivot that reflects how lucrative (and competitive) the AI boom has become, even if it means ditching what made the company famous in the first place.