this post was submitted on 09 Sep 2026
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[–] panda_abyss@lemmy.ca 14 points 6 hours ago (2 children)

Ah, the Allbirds play.

Let’s see how this works out.

[–] schipelblorp@sh.itjust.works 23 points 6 hours ago (1 children)

Ah, the Allbirds play.

This shit is wild.

Allbirds made a surprising announcement Wednesday that it is pivoting from shoes to artificial intelligence. The move boosted shares of the miniscule market cap company — it was valued at about $21 million at Tuesday’s close — by 582%. The shares, which were under $3 a day ago, jumped to about $17.

https://www.cnbc.com/2026/04/15/allbirds-bird-stock-shoes-ai.html

This is the most bubblicious bubble to ever bubble.

[–] Voroxpete@sh.itjust.works 4 points 4 hours ago

Literally the easiest pump and dump ever. Company failing and you want to dump your shares at a good price? Announce you're doing AI! How? Who cares?! It's AI!

[–] flamingo_pinyata@sopuli.xyz 4 points 4 hours ago (1 children)

I'm still waiting for them to announce the upgrade path. My remaining pair of Allbirds shoes still doesn't have any AI functionality. No care for old cusomers.

[–] panda_abyss@lemmy.ca 1 points 3 hours ago

Check under the heel, that’s usually where the AI is.