Allbirds, once a maker of trendy wool shoes, changes name to Smartbird, hires former Amazon exec as chief, sees stock surge

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.