Smartbird

Allbirds sold its footwear business, laid off most staff, and rebranded as Smartbird to become an AI infrastructure provider. The company, once valued at nearly $4 billion after its 2021 IPO, saw its …

Allbirds has completed its transformation into Smartbird, an AI infrastructure provider, after selling its footwear business and shedding most of its workforce. New CEO Nadia Carlsten, who has never w…