Action camera maker GoPro is merging with private photonics company Starman Optical and joining the AI wave.
    • schipelblorp@sh.itjust.worksEnglish
      39·
      1 month ago

      Ah, the Allbirds play.

      This shit is wild.

      Allbirds made a surprising announcement Wednesday that it is pivoting from shoes to artificial intelligence. The move boosted shares of the miniscule market cap company — it was valued at about $21 million at Tuesday’s close — by 582%. The shares, which were under $3 a day ago, jumped to about $17.

      https://www.cnbc.com/2026/04/15/allbirds-bird-stock-shoes-ai.html

      This is the most bubblicious bubble to ever bubble.

      • Voroxpete@sh.itjust.worksEnglish
        14·
        1 month ago

        Literally the easiest pump and dump ever. Company failing and you want to dump your shares at a good price? Announce you’re doing AI! How? Who cares?! It’s AI!

        • Something Burger 🍔@jlai.luEnglish
          2·
          30 days ago

          The company got bought and switched to AI after that. The new owner basically bought access to the stock market without having to create a new company and make an IPO.

    • flamingo_pinyata@sopuli.xyzEnglish
      12·
      1 month ago

      I’m still waiting for them to announce the upgrade path. My remaining pair of Allbirds shoes still doesn’t have any AI functionality. No care for old cusomers.