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871 Allbirds pivots from shoes to AI after 99% collapse, stock surges 300% on NewBird AI plan

Startups News
Daniel Levi @ Startups News · 04/15/2026 10:11 EDT

Allbirds pivots from shoes to AI after 99% collapse, stock surges 300% on NewBird AI plan

Allbirds is attempting one of the most dramatic pivots in recent memory. The sneaker brand that once rode a $4 billion valuation is now turning its back on footwear and betting its future on artificial intelligence. Investors didn’t wait to ...

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