Shoemaker Allbirds Suddenly Says It’s An AI Company—And Stock Jumps 800%

That’s how much Allbirds was valued at after its blockbuster IPO in November 2021, which raised over $300 million for the ...

Allbirds rebrands as an AI company, Snap to cut 1,000 jobs

Yahoo Finance Anchor Josh Lipton tracks today's top moving stocks and biggest market stories in this Market Minute, including shoemaker Allbirds (BIRD) rebranding itself as an AI company and Snap ...

Allbirds Is Selling Its Sneaker Business to Become an AI Company. The Stock Just Surged 650 Percent

After years of losses and a 99 percent stock collapse, the struggling shoemaker is betting on AI infrastructure.
KTVU

Allbirds stock soars as shoemaker announces pivot to AI

Allbirds plans to rebrand as "NewBird AI" and shift from sustainable footwear to AI compute infrastructure. Shares surged over 600% following the announcement, reflecting investor excitement around AI ...

Allbirds stock gains 350% this week as shoemaker pivots to AI

Allbirds stock veered nearly 30% lower on Thursday afternoon, sharply reversing from a nearly 600% gain on Wednesday following the company's announcement that it's switching from ...