Allbirds shares surge over 430% as footwear firm trades shoes for AI business

In a radical strategic overhaul, Allbirds is divesting its footwear business while securing $50 million (€42.4 million) in new financing to acquire GPUs and rebrand as NewBird AI.View on euronews

Apr 15, 2026 - 19:01
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Allbirds shares surge over 430% as footwear firm trades shoes for AI business
In a radical strategic overhaul, Allbirds is divesting its footwear business while securing $50 million (€42.4 million) in new financing to acquire GPUs and rebrand as NewBird AI.View on euronews

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