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Shakezula pivots to ShakezulAI

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mana5280 – Unsplash

Apparently that’s all it takes to get people to throw massive amounts of money my way. I was inspired to make the change by Allbirds, a shoe company, which recently announced that it is going to pivot to AI. And not AI shoes.

Allbirds (BIRD) stock veered nearly 30% lower on Thursday afternoon, sharply reversing from a nearly 600% gain on Wednesday following the company’s announcement that it’s switching from being a sustainable sneaker business to an artificial intelligence company.

The stock fell to $12 per share after jumping as high as $23 on Thursday. Still, it’s a far cry from its price of less than $3 just days ago. The company’s market cap spiked to $159 million on Wednesday, compared to $21.7 million at Tuesday’s close.

This is a sign of a healthy economy and not any reason to worry.

The company plans to change its name to NewBird AI and raise $50 million, with the funds expected to close during the second quarter of 2026.

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NewBird AI will aim to “acquire high-performance, low-latency AI compute hardware” and “provide access under long-term lease arrangements, meeting customer demand that spot markets and hyperscalers are unable to reliably service,” the company said in a press release.

Who knew it was that easy. 🙄

Every article I read about this mentions Long Island Iced Tea, which apparently was a company and not just a cocktail.

There’s precedent for an unusual company pivot. For instance, in 2017, as cryptocurrency interest hit the Street, Long Island Iced Tea rebranded as Long Blockchain Corp., saying it was “shifting its primary corporate focus towards the exploration of and investment in opportunities that leverage the benefits of blockchain technology.” In 2018, the Nasdaq delisted the company.

Maybe AIbirds will get some of that sweet 2Big2Fail bailout money.

I will use my wealth to invest in tumbril and guillotine futures.

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