Allbirds Soars 373% After Sneaker Firm Rebrands as AI Stock

Bloomberg — Apr 15, 13:48 PM

Allbirds Inc. shares more than quadrupled after the former shoemaker, just days away from ceasing operations, said it would pivot its business to AI compute infrastructure.

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Allbirds pivots to AI compute

Sneaker company Allbirds to become AI business CBS News — Apr 15, 22:29 PM
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From wool sneakers to GPUs: Allbirds’ desperate AI pivot and 600% stock surge, explained Fortune — Apr 15, 20:22 PM
Allbirds ditches sneaker business to pivot to AI compute, stock surges over 700% Fortune — Apr 15, 18:19 PM
Shoe company pivots to AI compute in sign of a totally normal and healthy economy Engadget — Apr 15, 16:14 PM