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Everything's an AI company now

From Napster cloning teachers to restaurants servicing data centers, struggling companies are betting on AI to reinvent their businesses and stocks

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Napster, the late-90s peer-to-peer music-file-sharing service, is back. But it has left the music industry behind, and has a new business plan based on cloning teachers.

And, of course, it is heavily promoting its use of AI.

The pivot of all pivots

Napster, now owned by a company called Infinite Reality, struck a deal with Gems Education in Dubai. The plan was to build digital twins of instructors that students could ping with questions day and night. The music streaming service it later became had quietly shut down in January.

Napster is not alone. Allbirds spent years selling wool sneakers to people in Silicon Valley before going out of style. In April, it announced a move into AI computing, and the stock jumped 582% in a day. A day........

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