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Allbirds changed its name to Smartbird and appointed Nadia Carlsten as CEO. The move follows an earlier rebrand and asset sale as the company shifts focus to AI infrastructure.
newser.comAllbirds changed its name to Smartbird and named Nadia Carlsten as its new chief executive on Wednesday.
Carlsten previously served as CEO at the Danish Center for AI Innovation. That company partners with Nvidia and operates a supercomputer named Gefion. She replaces Joe Vernachio, who had been CEO.
The company sold its footwear assets in March for $39 million. In April it rebranded to NewBird AI and announced plans to focus on AI compute infrastructure. Shares rose 34 percent on Wednesday following the latest announcement. "The shoemaker-turned-AI infrastructure firm on Wednesday named Nadia Carlsten as CEO and board member, replacing current CEO Joe Vernachio.
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focustaiwan.twChina's customs agency reported exports increased 27 percent in June from a year earlier, exceeding May's 19.4 percent gain. Imports rose 36 percent, expanding the monthly trade surplus to $125.6 billion.
zerohedge.comApple sued OpenAI and two former employees on July 10 in federal court in California. The complaint claims misappropriation of confidential engineering data and product details.
globalnews.caTwenty-two member states pledged 30 to 35 gigawatts of new capacity by 2028 under the bloc's first tripartite deal. The European Commission will oversee annual progress tracking through 2028 as part of the Affordable Energy Plan.