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News & Insight
| Allbirds soars after sneaker firm rebrands as AI stock
Allbirds soars after sneaker firm rebrands as AI stock
16th Apr 2026 | 02:29pm
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Allbirds Inc., the once-buzzy maker of
wool sneakers
valued at more than US$4 billion in its heyday,
announced a new business plan
just days before it was set to close down for good:
AI computing infrastructure
.
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