Sign on facade at shoe company Allbirds, Walnut Creek, California, August 25, 2025. Smith Collection | Archive Photos | Getty ImagesRead more CNBC tech newsAnthropic asked for regulation. Washington went much furtherAI in the spotlight at G7 as Trump, world leaders are joined by OpenAI, Anthropic, GoogleAnthropic's Fable shutdown is a big moment for open-source AIIntel begins production of most-advanced chip, inching closer to possible Apple dealAllbirds is among the latest crop of companies pivoting to AI in a bid to capitalize on the burgeoning tech boom set off by ChatGPT's debut in late 2022. A day after Allbirds' rebrand, social media platform provider Myseum shifted to AI.Refocusing efforts on new tech trends isn't a new phenomenon on Wall Street. Several companies announced their own cryptocurrencies or pivoted to blockchain during the height of crypto mania. AI infrastructure company CoreWeave, which went public last year, started in crypto mining before a successful pivot to AI. watch nowStock Chart IconStock chart iconBIRD stock year-to-date stock chart.