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 Sil

Why Is Smartbird Stock Surging Thursday?

08:59am, Thursday, 18'th Jun 2026
Smartbird (NASDAQ: BIRD) stock jumps as the company completes its shift from footwear to AI infrastructure. Read the latest updates.
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 executiv
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 N
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 infrastructur
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 i

Allbirds Names New CEO and Changes Name Again

09:02am, Wednesday, 17'th Jun 2026
Allbirds is changing its name to Smartbird and pivoting to an AI business, appointing Nadia Carlsten as its new chief executive.
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 Smart
Allbirds has been rebranded as Smartbird. Instead of selling shoes, it's an AI infrastructure provider.
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
Investors' response to the former shoe company's pivot may say something important about the outlook for neocloud companies.
When Liza Moiseeva first heard that Allbirds was pivoting to AI, she thought it was satire.
Meme stocks are darlings of retail traders and go viral on social media. They typically are small, relatively illiquid — and unprofitable.
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
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