SENSEX
NIFTY
GOLD
USD/INR

Weather

image 31    C

Engadget

Economy / Engadget

Shoe company pivots to AI compute in sign of a totally normal and healthy economy

The shoe company Allbirds, famous for its wool trainers, is pivoting to AI . You read that right. The San Francisco company has plans o pivot its business to AI compute infrastructure, with a long-term vision to become a fully integrated GPU-as-a-Service and AI-native cloud solutions provider. It's also changing its name to NewBird AI. This is subject to shareholder approval, with a vote scheduled for May 18. Once approved, the company will raise $50 million from an unnamed investor to assist w

15 Apr 2026 9:44 pm