Kind of reminds me of the dot com bubble stories though. 600% increase on what seems to be a plan at this time.
Anyone with $40 million worth of something and a shell company can do the same thing.
> Allbirds, which will be renamed “NewBird AI,” said it executed a $50 million deal with an unnamed institutional investor to acquire “high-performance GPU assets” to begin transitioning into a “fully integrated GPU-as-a-Service”
Serious folks know it's not straightforward to suddenly get any number of GPUs these days, even at that level of money
