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Stocks take flight after shoe company Allbirds makes surprise move to artificial intelligence - UPI.com
Once known for its sustainable shoes, Allbirds made a surprise announcement on Wednesday, switching from footwear to AI computing.
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forbes.com
Allbirds Now Says It’s An AI Company
The former shoemaker said it would pivot and rebrand itself “NewBird AI.”
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cnbc.com
Struggling shoe retailer Allbirds makes bizarre pivot from shoes to AI, stock explodes more than 300%
Allbirds announced a deal with American Exchange Group to sell its intellectual property and other assets for $39 million in March.
