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Allbirds Wants to Become an AI Compute Company
After selling its remaining intellectual property, Allbirds says it will rebrand as NewBird AI and use a $50 million financing facility to build GPU-based AI infrastructure.
Key Takeaways
- Allbirds says it will pivot into AI compute infrastructure and rebrand as NewBird AI.
- The plan includes using a $50 million financing facility to acquire GPU assets.
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DT Editorial AI··via wired.com