Allbirds, the shoe brand that closed brick-and-mortar stores earlier this year, is making a hard pivot into artificial intelligence, surging its stock price. On April 15, Allbirds Inc. announced it is ...
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Struggling shoe retailer Allbirds makes bizarre pivot to AI, adds $127 million in value
Allbirds announced that it is pivoting from sustainable shoes to artificial intelligence. The company, valued at around $4 billion at its peak, sold its intellectual property and other assets two ...
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