Allbirds rallies after Smartbird AI pivot puts BIRD in focus

Smartbird shares rallied Wednesday following the company’s rebrand from Allbirds and the appointment of ex-AWS executive Nadia Carlsten as CEO, as the company shifts focus to AI infrastructure. Shares on the Nasdaq closed at $5.48, up 39.09% according to Google Finance.

18 June 2026

NASDAQ:BIRD · Stock Market

Allbirds pops on Smartbird AI pivot and CEO shakeup

Smartbird jumped Wednesday after the company, which used to be Allbirds, said it wrapped up its move out of footwear, rebranded, and brought in ex-Amazon Web Services exec Nadia Carlsten to run its AI infrastructure push. BIRD shares traded up roughly 50% at $5.92 before 2 p.m. in New York. Volume topped 41 million, well above typical action for the small-cap stock.

17 June 2026

Artificial Intelligence·NASDAQ:BIRD·Stock Market

Allbirds Stock Soars as Shoe Brand Bets $50 Million on AI Compute Pivot

UPDATE April 15, 2026, 23:05 - Allbirds shares surged more than 400% after the company confirmed a $50 million convertible financing deal to pivot into AI compute infrastructure and rebrand as “NewBird AI.” The firm plans to acquire GPUs and build a “GPU-as-a-service” platform, following the sale of its footwear business for about $39 million. Analysts caution the move may be speculative, noting the company lacks a track record in AI and faces entrenched competition from established cloud and chip players.

15 April 2026

Artificial Intelligence·NASDAQ:BIRD·Stock Market·Technology