Soon-to-shut shoemaker stock surges 900% after AI becomes part of business pivot
Allbirds, an eco-friendly shoe manufacturer, plans on selling $50 million in debt, convertible to stock, to finance its new business plan, buy computer gear and implement a "long-term vision to become a fully integrated GPU-as-a-service (GPUaaS) and AI native cloud solutions provider."
Allbirds, an eco-friendly shoe manufacturer, plans on selling $50 million in debt, convertible to stock, to finance its new business plan, buy computer gear and implement a "long-term vision to become a fully integrated GPU-as-a-service (GPUaaS) and AI native cloud solutions provider."
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