#smartbird Tech News.
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Allbirds rebranded to Smartbird and appointed former AWS executive Nadia Carlsten as CEO, joining the board. The stock surged over 30% on Wednesday. The company pivoted from sustainable sneakers to an AI company in April, offering high-performance AI chips and data center space.
Shoe company Allbirds changed its name to Smartbird and pivoted to an AI infrastructure company. Ex-AWS executive Nadia Carlsten was named CEO. BIRD stock jumped over 20% on the news.
Allbirds completed the sale of its sneaker brand and footwear assets to American Exchange Group. The company legally changed its name to Smartbird and will trade under the original ticker BIRD. Smartbird now focuses on AI infrastructure for middle-market enterprises.
Allbirds sold its footwear brand and assets on June 17, changed its legal name to Smartbird, and pivoted to become an AI infrastructure provider. New CEO Nadia Carlsten leads the company, which targets the enterprise mid-market with managed private AI cloud solutions for pharma and finance.
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