sabreW4K3@lazysoci.al to

Technology@beehaw.orgEnglish · 5 days ago

Allbirds shares soar 580% after pivot from shoes to AI

1

Allbirds shares soar 580% after pivot from shoes to AI

sabreW4K3@lazysoci.al to

Technology@beehaw.orgEnglish · 5 days ago

The company is selling off its shoe brand as it plans to shift to providing technology infrastructure.

Chat

Hirom@beehaw.org
link
fedilink
arrow-up
0·
5 days ago
That’s a hard pivot. And building more AI infrastructure is a bad idea. But they might make some short term money given the AI hype.
- belated_frog_pants@beehaw.org
  link
  fedilink
  arrow-up
  0·
  5 days ago
  Thats all they care about

Technology@beehaw.org

technology@beehaw.org

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@beehaw.org

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:

This community’s icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

33 users / day
209 users / week
506 users / month
524 users / 6 months
0 local subscribers
42.8K subscribers
158 Posts
1.1K Comments
Modlog