Shares in Allbirds surge after maker of wool sneakers announces pivot to AI

Technology

Shares In Allbirds Surge After Maker Of Wool Sneakers Announces Pivot To Ai

By The Guardian

Allbirds, the maker of minimalist wool sneakers beloved by Silicon Valley, announced on Wednesday that it is leaving shoes behind and pivoting to artificial intelligence. The new focus and rebrand as “NewBird AI” sent the company’s stock up 582% as o ...Read more