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    Allbirds, Inc. Executes $50M Convertible Financing Facility Agreement; Announces Expansion into AI Compute Infrastructure

    Allbirds, Inc. Executes $50M Convertible Financing Facility Agreement; Announces Expansion into AI Compute Infrastructure

    https://ir.allbirds.com/news-releases/news-release-details/allbirds-inc-executes-50m-convertible-financing-facility

    Posted by YeetVegetabales

    24 Comments

    1. OkBowls on

      Wait Allbirds is public?

      Allbirds the shoe company??

      Allbirds the…shoe and AI compute infrastructure company???

    4. NotTakenGreatName on

      Bless these dumb mfs.

      This is the 2026 version of “we’re getting into crypto mining🚀 🚀 🚀”

    5. NoFriendship1771 on

      Step aside Tesla and Palantir bagholders, there is new memestock in a town.

    8. RollShotCornerPocket on

      “I like some of the Gaga songs, what the fuck do she know about cameras” ahhh headline

    11. zg44 on

      Now this is the dot com like endgame.

      Trash companies offloading their failed businesses to transition to become AI companies so their stocks participate in the last portion of the bubble.

      This is what was happening like crazy in 1999.

    13. TokiAsuma on

      Ah, so we are back to this again. Just slap AI on ur company and see a free 350% stock price increase

    14. AutisticGayBear69 on

      That is an interesting pivot. Maybe Nike should consider something similar 😂

    15. WhereasImportant3827 on

      It’s a shoe company that’s sold its brand and assets to spend a meagre $50m on Ai compute infrastructure? Shoe company? Stock up?

    16. brotha_eric on

      this is the dumbest shit i’ve heard all year. What’s next? “Wendy’s becomes a 100B company by using excess heat from GPUs to power their fryers.”

    19. BlatantPlatitude on

      “The Facility, which is expected to close during the second quarter of 2026, will enable the Company to pivot its business to AI compute infrastructure, with a long-term vision to become a fully integrated GPU-as-a-Service (GPUaaS) and AI-native cloud solutions provider. In connection with this pivot, the Company anticipates changing its name to “NewBird AI.”

      NewBird AI, you cannot make this shit up

    20. ShillinTheVillain on

      ChatGPT design me an overpriced piece of shit shoe that feels comfortable, is slippery as all hell when it rains, and has the durability of tissue paper in a tornado. And talk about how sustainable it is

    24. LudditeJoe on

      Shouldn’t they be in quantum computing? They’ve gotten pretty close to absolute zero.

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