Allbirds Abandons Sustainability Mission to Pivot to AI, Sparking Industry Backlash
Allbirds is abandoning its environmental mission and footwear business to pivot to AI infrastructure, rebranding as NewBird AI. The move, criticized b...
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Allbirds' AI Pivot Sends Stock Soaring 700%—Then Crashes 35% in Two Days
Allbirds' sudden pivot to AI infrastructure, branded 'NewBird AI,' triggered a 700% stock surge on Wednesday before plummeting 35% on Thursday. The dr...
Allbirds’ 700% Stock Surge After AI Pivot: What’s Behind the Wild Turnaround?
Allbirds, once a $4 billion footwear giant, pivoted to AI infrastructure and saw its stock surge over 700% in a single day. The deal involves buying A...