In a radical strategic overhaul, Allbirds is divesting its footwear business while securing $50 million (€42.4 million) in new financing to acquire GPUs and rebrand as NewBird AI.
Allbirds shares surge over 550% as footwear firm trades shoes for AI business
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Wed 15:07 - Euronews
Allbirds shares surge over 550% as footwear firm trades shoes for AI business