• Smartbird posted CEO Nadia Carlsten’s shareholder letter outlining a pivot from Allbirds’ footwear business to AI infrastructure.
• Strategy targets enterprise inference demand with dedicated, managed infrastructure, positioned between shared cloud and bespoke in-house systems.
• Letter cited access to over $200 million of capital as of June 30, 2026 via cash, a convertible financing facility, and an ATM program.
• Management plans to track demand quality, contracted and deployed capacity, and deployment speed while prioritizing returns over scale.
• Letter available via PDF.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smartbird Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608190800PRIMZONEFULLFEED9812608) on August 19, 2026, and is solely responsible for the information contained therein.