Press Space to continue
Curated tech posts from X on AI, startups, and product development—signal without the doomscroll, updated on weekdays.
Press Space to continue
Press Space to continue
Allbirds was worth $21 million at Tuesday's close. Today they renamed themselves "NewBird AI" and the stock touched +835%. Figma, worth $60 billion eight months ago, is now worth $9.6 billion. Allbirds doesn't own a single GPU. They agreed to sell the actual shoe business to American Exchange Group for $39 million last month. The new plan is a $50 million convertible facility to buy AI hardware and lease it out. That's the entire press release in one sentence. Figma has 13 million monthly…

