A wool sneaker maker sells for $39M and becomes a GPU cloud

Claim

Allbirds, once valued at $4 billion, sold for $39 million and is rebranding as a GPU-as-a-service provider, a pivot the market rewarded with a 582% stock rise, while Maine became the first state to ban construction of data centers drawing over 20 MW until late 2027.

Reported metric: +582% / 20 MW cap

Reporting date: 2026-04-16 (not necessarily the event date)

Sources

Attribution and reporting linked by this record; links do not imply independent verification.

• Welcome to April 16, 2026 (theinnermostloop.substack.com)