Allbirds launches AI infrastructure for future

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Allbirds, a shoe brand, is now changing its business to focus on AI. It will get $50 million and buy special computer parts called GPUs.

The company said there is a very high demand for AI computers. NewBird AI wants to help meet this strong need in the market.

Many people in the industry are surprised by this change of business. Building AI systems needs deep knowledge and a lot of money.

This news follows Allbirds selling parts of its business for $39 million. The company's value dropped much from its highest point of $4 billion.

Allbirds' stock price quickly went up by over 600% after the news. Experts believe this is excitement for AI, not a real business plan.

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What is Allbirds changing its business focus to?

Allbirds is changing its business focus to AI.

How much money will Allbirds get for this change?

Allbirds will get $50 million.

Why are people surprised by Allbirds' change?

People are surprised because building AI systems needs deep knowledge and a lot of money.

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