Dossier
Joe Vernachio
Coverage of Joe Vernachio in the Nexus archive.
- Allbirds announced a switch from shoes to AI and its stock jumped 600 percent
Allbirds, known for its shoes, shifted focus to AI after struggling financially post-IPO. The company sold its assets for $39 million and plans to launch NewBird AI as a GPUaaS and AI-native cloud solutions provider, with a $50 million investment expected to boost its stock 600%.