The company named a new CEO to lead strategy
Wait… so they used to have a name starts with “AI”
Now they are changing it to start with “Smart” because they are doing AI
But they are keeping the bird? 🦅
I am so confused.
JUST IN: Allbirds announces a rebrand to “Smartbird” as it pivots to AI infrastructure.
Many users mocked Allbirds' rebrand to Smartbird and AI infrastructure pivot as a superficial valuation trick relying on AI hype.
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the paperclipping continues
$BIRD -- the former shoe company that sold its shoe business and pivoted to being a AI/datacenter play -- is surging today nearly 60% on news that the company has renamed itself Smartbird from Allbird and named a new CEO to execute its strategy.
@joshelman Maybe your mind is just predicting the next token. Congrats, you think like an LLM. The bull case here was apparently hidden in the kerning.
@joshelman It starts with "ALL", not "AI". The real question is how adding “AI” to a shoe company suddenly makes it worth 580% more.
@eyadnour I dunno, that second letter looks like an “I” to me! Maybe the third one too !
@joshelman Someone is being given the bird
@eyadnour They look the same to me ;). AI Al