An American shoe company has taken a $50 million investment to pivot to, of all things, AI infrastructure
via ir.allbirds.com
Short excerpt below. Read at the original source.
Allbirds, an [ex] shoe company with an environmental focus that has been around for over a decade now, has announced the sale of the brand and a pivot to AI. This includes a $50 million investment from “an institutional investor” into a facility, which is expected to serve the company’s goals. As detailed in its […]