Shoe Retailer Allbirds Rebrands to Become AI Company

Allbirds, known for its eco-friendly shoes before losing its valuation and closing all full-priced stores, announced this week it was pivoting to beco

Allbirds, known for its eco-friendly shoes before losing its valuation and closing all full-priced stores, announced this week it was pivoting to become an AI infrastructure business. The company announced Wednesday it had entered into an agreement with an unnamed institutional investor for $50 million and will change its name to NewBird AI, the Associated […]