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AI News from ET - Myseum takes flight after Allbirds in fresh AI rebrand wave

Vishwadeep Khatri
in AI News & Two Lenses

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Companies are shifting focus to artificial intelligence. Allbirds, a footwear maker, saw a significant stock surge after announcing a pivot to AI compute infrastructure. Social media firm Myseum Inc is also adopting a similar strategy. This trend highlights investor interest in AI, with some firms leveraging it to raise funds. Past pivots to blockchain also saw similar investor enthusiasm.

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