David Imel
👤 SpeakerAppearances Over Time
Podcast Appearances
Hit me.
You all talked about it before.
I was trying to keep this a secret, but it sounds like half of you read this.
So struggling shoe retailer Allbirds makes bizarre pivot from shoes to AI.
Stock explodes more than 700%.
Did you hear about this this morning when they were talking about it?
Are you serious?
Okay, cool.
That is the dumbest thing I've ever heard.
So Allbirds is pivoting from shoes to AI.
They're going to sell off their shoe assets to American Exchange Group for $39 million.
They quote, they are going to pivot its business to AI compute infrastructure with a long-term vision to become a fully integrated GPU as a service.
There's more.
Was this April Fool's Day that this came out?
Everything I said had to have a line that said, this is real.
It says, an AI native cloud solutions provider in connection with this pivot, the company anticipates changing its names to New Bird AI.
Well, this really reads like an AI.
Look at this stock chart.