This shoe company just surged 850% today after pivoting to AI.
BIRD NewBird AI.Allbirds, once valued at $4B, sold its entire footwear business for
$BIRD NewBird AI
They plan to buy GPUs and rent compute power to developers who can't get access through
$AMZN or
$MSFT.
This company was days away from shutting down. One AI announcement changed everything.
The AI compute shortage is so real that a dying shoe brand became an infrastructure player overnight - and the market rewarded them with an 850% gain in a single day.
The AI market is definitely not a bubble😁