BIRD takes flight: Allbirds pivot to AI company Smartbird is a huge change—that’s good for the stock

Along with a name rebrand, the former footwear maker turned AI infrastructure provider also announced a new CEO, Nadia Carlsten.

[Photo: Victor J. Blue/Bloomberg via Getty Images]

From shoes to AI to . . . Smartbird? 

It’s been a strange, winding path to an entirely new strategy for the company formerly known as Allbirds. On Wednesday, the company made two big announcements: It has named a new CEO, Nadia Carlsten, and it changed its name from Allbirds to Smartbird. It’s also identifying itself as “an AI infrastructure provider,” which, again,........

© Fast Company