Tag: pivoted to ai

Pivoted to ai explained — what it is, how it works and what it costs. Below are 1 article about pivoted to ai on CheapToken News.

What It Really Means That a Failing Shoe Brand "Pivoted to AI" and Its Stock Soared 700 Percent

October 1, 2015 | Futurism AI
What It Really Means That a Failing Shoe Brand "Pivoted to AI" and Its Stock Soared 700 Percent
Dean Purcell/New Zealand Herald via Getty Images/Futurism As it turns out, all it takes to turn a cash-bleeding company into the New York Stock Exchange’s latest obsession are three magic words: “pivot to AI.” In a baffling announcement today, struggling tech bro shoe company Allbirds said that it was closing a $50 million deal that “will enable the Company to pivot its business to AI compute infrastructure” — under the new name, “NewBird AI,” of course. P