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inclementimmigrant@lemmy.world to Fuck AI@lemmy.world · 2 months ago

Allbirds pivots from shoes to AI, stock explodes more than 400%

www.cnbc.com

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Allbirds pivots from shoes to AI, stock explodes more than 400%

www.cnbc.com

inclementimmigrant@lemmy.world to Fuck AI@lemmy.world · 2 months ago
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  • cross-posted to:
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Struggling shoe retailer Allbirds makes bizarre pivot to AI, adds $127 million in value
www.cnbc.com
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Allbirds announced a deal with American Exchange Group to sell its intellectual property and other assets for $39 million in March.

Bubble gonna burst.

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A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

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