Sneaker company Allbirds to become AI business

CBS News — Apr 15, 22:29 PM

Footwear company Allbirds announced Wednesday it will stop making fabric sneakers and become an artificial intelligence company, sending its stock price soaring by more than 600%.

Yahoo Finance senior reporter Brooke DiPalma joins CBS News to discuss.

Read full article at CBS News →

Allbirds Rebrands as AI Company

Shares in Allbirds surge after maker of wool sneakers announces pivot to AI The Guardian — Apr 15, 21:00 PM
Allbirds, a former Wall Street darling fallen on hard times, looks to AI for its future ABC News — Apr 15, 19:59 PM
From wool sneakers to GPUs: Allbirds’ desperate AI pivot and 600% stock surge, explained Fortune — Apr 15, 20:22 PM
Sneaker company Allbirds to become AI business CBS News — Apr 15, 22:36 PM
Sneaker Company Allbirds Plans to Pivot to A.I. Yes, A.I. The New York Times — Apr 16, 00:31 AM