The Petersburg Post

Thursday, Apr 16th, 2026 - In November, Allbirds told shareholders it was on the brink of insolvency. Transforming the shoe company into an AI compute company is its last-ditch plan. Allbirds, which intends to change its name to NewBird AI, currently lacks the money, the physical assets, the expertise, and the relationships it will need to compete in an increasingly crowded space, AI industry insiders say. Allbirds last month said it had ...

Thursday, Apr 16th, 2026 - In the age of generative AI, it seems like every tech company has become an AI company overnight. Creative companies aren't immune, as Canva proved this week with the launch of what it calls Canva AI 2.0 at its annual Canva Create conference. Canva is no stranger to AI. It's been investing in proprietary AI design models for years and acquiring AI companies such as  Leonardo to incorporate into its graphic ...