
BreakingBBC News1 min read
Shoe brand Allbirds' shares rise 580% after it pivots from footwear to AI
The shift to AI reflects a significant trend in the tech industry, showcasing how traditional companies are adapting to new market demands.
- Allbirds shares rose 580% after pivoting to AI
- Company rebranded as NewBird AI
- Secured a $50 million deal for AI infrastructure
