Jessica Karl, Columnist

Allbirds Pivots to AI. Seriously

A company that makes sneakers out of tree fiber and sugar cane is suddenly in the AI infrastructure business.

Talk the talk and walk the walk? Good luck.

Photographer: Bloomberg

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When Allbirds sold for $39 million the other week, X user @brianmichaelf joked that the wool sneaker company could easily get its $4 billion valuation back if it just pivoted to being an LLM. Well, whaddayaknow!! It’s basically happening: