Shoe company pivots to AI compute in sign of a totally normal and healthy economy

The shoe company Allbirds, famous for its wool trainers, is pivoting to AI. You read that right. The San Francisco company has plans "to pivot its business to AI compute infrastructure, with a lo [...]

The Morning After: Our verdict on the DJI Osmo Pocket 4

You’ve probably seen DJI’s stick vlogging cameras everywhere. At trade shows and tech events I’ve attended, it’s often the de facto video camera used by reporters and influencers alike. The Os [...]

Engadget Podcast: Allbirds goes from shoes to AI

So a shoe company turned into an AI company…. That’s it, that’s the joke. In this episode, Devindra chats with Engadget’s Daniel Cooper about Allbirds’ sudden transformation and what it says [...]

Allbirds sold its shoe business for $39 million and is pivoting to AI cloud computing

In short: Allbirds is rebranding as NewBird AI and pivoting from sustainable footwear to GPU-as-a-service cloud computing after selling its shoe business to American Exchange Group for $39 million. Th [...]

Amazon abandons open-world racing game by former Forza Horizon devs

An open-world racing game from a studio formed by ex-Forza Horizon developers was due to be published by Amazon, but that is no longer the case. As reported first by The Game Business, UK-based Maveri [...]

How the Silicon Valley sneaker that was once worth $4 billion ended up selling for $39M

The wool sneaker brand that briefly hit a $4 billion valuation in 2021 has agreed to sell all its assets and IP to American Exchange Group. The company is dissolving. Shares jumped 36% after-hours bec [...]

Allbirds Is Pivoting to AI Compute. Sure, Why Not

Once a $4 billion apparel juggernaut, Allbirds will rebrand as NewBird AI, a “GPU-as-a-Service" company. Hey, if you can't beat ‘em, join ’em. [...]

I have an Allbirds collection that I love, and its AI pivot feels worse than poorly-fitting shoes

Online shoe and apparel company Allbirds nearly went bankrupt, but now it's reemerging as an AI company that will sell you some GPU space. But what's really going on here? [...]

LeCun calls Silicon Valley "hypnotized" by GenAI and pivots to "non-generative" world models

Yann LeCun, Meta's outgoing chief AI scientist, is launching a new startup built around "world models" - systems designed to understand the physical world rather than just generate text [...]