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Allbirds, once a buzzy shoe startup, pivots to AI

The shoe brand that was once a favorite of the Silicon Valley tech scene is moving away from footwear and onto what its wearers have been obsessing over the most: AI. Allbirds announced on Wednesday that it would be pivoting to focus on AI compute infrastructure, changing its name to “NewBird AI.” The company said it struck a $50 million agreement…

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