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These Allbirds AI jokes are as fire as the company's stock price
Allbirds is an AI company now and the rebranding is getting memed.Illustration by Timon Schneider/SOPA Images/LightRocket via Getty ImagesAllbirds is, for some reason, an AI company now.Some. people on social media found that more than a little funny.The jokes did not disappoint.Once in a while, something happens in tech land that's prime meme fodder. The latest: A shoe company suddenly — and seemingly inexplicably — pivots to go all in on AI.Allbirds found itself the subject of many jokes on social media on Wednesday. Investors in the long-beleaguered company, though, had something to celebrate. Its stock price shot through the roof after it rebranded itself as NewBird AI and said it would provide GPU compute-as-a-service.Have a look at some of these top-tier comedy offerings:#1 As Ross Geller once yelled in a legendary 'Friends' episode: 'PIVOT!'Allbirds with a generational business pivot https://t.co/iSLotjMCoT pic.twitter.com/2YIm02xAjv— Trung Phan (@TrungTPhan) April 15, 2026
#2 Someone's going shoppingWith Allbirds shoes getting winded down, I’ve started buying hundreds of allbirds shoes for 50 cents on the dollar. So far, i have amassed a portfolio of 15,000 Allbirds shoes.Soon I will control the entire Allbirds market.—. Finance Guy (@GuyInFinance) April 15, 2026
#3 Enter 'The Wolf of Wall Street' memesThe name of the company… NewBird AI. It is a cutting-edge, AI-native cloud infrastructure firm out of- well, they used to be out of San Francisco making sneakers, but forget that, John- they are now. awaiting imminent deployment of next-generation GPU compute clusters that have… pic.twitter.com/ArYT41hx8J— Negligible Capital (@negligible_cap) April 15, 2026
#4 OuchHas Nike considered pivoting from shoes to AI datacenters? pic.twitter.com/yEd2ws97I2— Dr. Parik Patel, BA, CFA, ACCA Esq. (@ParikPatelCFA) April 15, 2026
#5 Well, what if?what if we kissed at the intersection of footwear and AI pic.twitter.com/tMcae3UQxu— alli (@sonofalli) April 15, 2026
Allbirds, founded in 2015, quickly rose to fame for its wool sneaker, becoming a Silicon Valley tech bro favorite. Former President Barack Obama was spotted wearing a pair in 2020.It was a Wall Street darling as well. During the company's trading debut in 2021, its valuation reached $4 billion.But things started crashing after 2022, when the shoe lost its shine. In 2023, Allbirds posted an annual loss of $101 million, and its shares plummeted 47%.In the years since, it launched products that flopped, laid off staff, and went through a management shake-up, none of. which helped turn things around.In March, Allbirds announced that American Exchange Group, a New York-based fashion and consumer company, would buy it for $39 million.After Wednesday's AI pivot, its shares rose by about yüzde 582. There was a slight correction in after-hours trading, when the price dropped 28%.Read the original article on Business Insider
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