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Amazon AWS

2026-07-07 18:55:19

Allbirds Rebrands as NewBird AI, Shares Surge 582% on GPU Pivot

Allbirds has exited the shoe business, rebranded as NewBird AI, and announced a pivot to GPU cloud infrastructure backed by $50 million in convertible financing. The move sent shares up 582% in a single day, reviving debate over AI hype, shell-company transformations, and valuation risks.

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Allbirds Rebrands as NewBird AI, Shares Surge 582% on GPU Pivot
2026-07-07 18:53:18

Allbirds Rebrands as NewBird AI, Shares Surge 582% After GPU Pivot

Allbirds has exited the footwear business, rebranded as NewBird AI, and announced a shift into GPU infrastructure backed by $50 million in convertible financing. The stock soared 582% in one day, but the dramatic rally has also sparked concerns over AI hype and valuation risks.

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Allbirds Rebrands as NewBird AI, Shares Surge 582% After GPU Pivot
AI crypto
2026-07-04 09:00:11

Best AI Crypto Projects to Watch in 2025

Artificial intelligence is reshaping the crypto space, and AI tokens are expected to lead the next bull run. This article highlights the top AI crypto projects for 2025, including Render, Theta Network, Bittensor, The Graph, Fetch.ai, Ocean Protocol, and more. It also explains how AI cryptos work, their benefits, security considerations, and how to buy and store them. Disclaimer: this is not investment advice.

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Best AI Crypto Projects to Watch in 2025