June 17 : 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 infrastructure firm.The company had said in April it was shifting its focus to offer cloud computing capaci

Allbirds drops shoes to become Smartbird, an AI infrastructure startup. CEO Nadia Carlsten, fresh off building an NVIDIA-powered supercomputer, targets the mid-market.

The former sneaker company also said it hired a new CEO in its continued hard pivot into becoming an AI infrastructure provider.