Allbirds shares jump over 400% on plans to pivot to AI from sneakers

CTV News — Apr 15, 15:28 PM

Shares of Allbirds surged more than five-fold on Wednesday after the footwear maker said it was raising capital and pivoting towards AI computing infrastructure.

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Allbirds pivots to AI compute

Sneaker company Allbirds to become AI business CBS News — Apr 15, 22:29 PM
Shares in Allbirds surge after maker of wool sneakers announces pivot to AI The Guardian — Apr 15, 21:00 PM
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