David’s Bridal plans to spin off AI platform Pearl as a public company
Photo: Crypto Briefing
The bridal retailer that emerged from bankruptcy in 2023 now wants its wedding-planning AI to stand on its own by 2027 David’s Bridal, the company best known for racks of white gowns and fitting-room tears, plans to take its artificial intelligence platform public. According to CNBC, the retailer intends to spin off Pearl into a publicly traded company by 2027. Pearl is the name David’s Bridal gives to its AI-driven wedding planning ecosystem. The company has organized it around two main products, one for each side of the wedding economy. The first is Pearl Planner , built for couples.
Source: Crypto Briefing
