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Allbirds, Inc. Announces Expansion into AI Compute Infrastructure

ir.allbirds.com

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Re: Allbirds, Inc. Announces Expansion into AI Compute Infrastructure

#51

Post by jjk7 »

nonameiguess wrote: post #11
dtagames wrote: post #7

It's not an expansion. The first line says they sold the shoe business which will continue under someone else. The company is changing names and its line of business.

That doesn't cause it to make any more sense. The leadership tab still shows the CEO is the same guy from the past 5 years, previously the President of Mountain Hardware and before that a VP at North Face, with a degree in Forestry Science. What on earth qualifies this guy or this company to build out GPU as a service infrastructure? The CTO is at least, as should be expected of any CTO, an actual engineer with a tec…

Allbirds ran on Shopify... was the CTO a shoe engineer?

Re: Allbirds, Inc. Announces Expansion into AI Compute Infrastructure

#53

Post by Jamesbeam »

ch4s3 wrote: post #28

I personally welcome the new GPUs that smell like wet dog and look like a old subway sandwiched left in the rain.

Thank you. Your comment made me laugh so hard.

I had some of those wool runners for a while and had a mid-twenties lady in the train sitting right next to me one rainy autumn day, and she looked at me until we had eye contact and said, "Sir, don’t take this personally, but your shoes smell like wet dog, it’s awful.” She was right. I bought her coffee on the way out to apologize. Last time I bought Allbirds.

Re: Allbirds, Inc. Announces Expansion into AI Compute Infrastructure

#55

Post by darth_avocado »

nonameiguess wrote: post #11
dtagames wrote: post #7

It's not an expansion. The first line says they sold the shoe business which will continue under someone else. The company is changing names and its line of business.

That doesn't cause it to make any more sense. The leadership tab still shows the CEO is the same guy from the past 5 years, previously the President of Mountain Hardware and before that a VP at North Face, with a degree in Forestry Science. What on earth qualifies this guy or this company to build out GPU as a service infrastructure? The CTO is at least, as should be expected of any CTO, an actual engineer with a tec…

You’re assuming this is a good faith effort to rebuild the company.

I have no proof of this, but if I were a gambling man, I’d bet this is a pump and dump opportunity for insiders who are stuck with large volumes of stock that has bottomed to almost nothing since the IPO.

Re: Allbirds, Inc. Announces Expansion into AI Compute Infrastructure

#57

Post by giwook »

stathibus wrote: post #18
aduffy wrote: post #6

On top of this whole thing just being ridiculous, $50mm is also just not a very impressive amount of money to build out an AI data center.

If you can somehow get your hands on a dozen NVL72 racks and duct tape them together in such a way to rent them out as a service, you can make your money back in less than 2 years at current demand pricing. $50M is more than enough to get this going.

I'm not sure how many companies would trust a failed shoe company to be responsible for their compute.

Re: Allbirds, Inc. Announces Expansion into AI Compute Infrastructure

#58

Post by ch4s3 »

Jamesbeam wrote: post #53
ch4s3 wrote: post #28

I personally welcome the new GPUs that smell like wet dog and look like a old subway sandwiched left in the rain.

Thank you. Your comment made me laugh so hard. I had some of those wool runners for a while and had a mid-twenties lady in the train sitting right next to me one rainy autumn day, and she looked at me until we had eye contact and said, "Sir, don’t take this personally, but your shoes smell like wet dog, it’s awful.” She was right. I bought her coffee on the way out to apologize. Last time I bought Allbirds.

I once worked in an office that told everyone they had to stop wearing them. They are hideous and smell terrible at an impressive range.

Re: Allbirds, Inc. Announces Expansion into AI Compute Infrastructure

#59

Post by palmotea »

bigleaguechewy wrote: post #34
palmotea wrote: post #31

This is good news for AI. These kind of pivots just show what a revolutionary and world-changing technology this is. Invest now! This is the lowest AI stocks will ever be.

Sounds like pets.com in 1999

> Sounds like pets.com in 1999

But that was a bubble, but AI is not a bubble! It is a revolution in the way we work! That's why your leaders have made AI-embracement metrics a critical part of your performance evaluation.

Re: Allbirds, Inc. Announces Expansion into AI Compute Infrastructure

#60

Post by [deleted] »

jmull wrote: post #19
DeepYogurt wrote: post #10

The shoe company? Edit: The shoe company.

I basically clicked in to this post because I thought it was funny that an AI company had the same name as a shoe company. But, no, it’s actually the same company. And a failed shoe company at that… I beleive they sold out for around $40M, which isn’t zero, but a lot less than the rounds of funding they raised.

[deleted]
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