Can Allbirds take flight as an AI company? – CBS News Watch CBS News The struggling shoe brand Allbirds announced it is exiting the footwear business and re-inventing itself as an artificial intelligence company. Max Darrow has more from San Francisco. Source link
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. Source link
Allbirds is trading in sneakers for servers, selling its footwear brand as it races to reinvent itself as an AI company in a move that sent its stock soaring 600%. The eco-friendly shoe company announced Wednesday that it is transitioning into an AI business, which it plans to name “NewBird AI.” Allbirds said it will … Read more
The shoe brand that was once a favorite of the Silicon Valley tech scene is moving away from footwear and onto what its wearers have been obsessing over the most: AI. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Allbirds announced on Wednesday that it would be pivoting … Read more