Allbirds is trading in sneakers for servers, selling its footwear brand as it races to reinvent itself as an AI company. The eco-friendly shoe company announced Wednesday that it is transitioning into ...

Investors' response to the former shoe company's pivot may say something important about the outlook for neocloud companies.

Allbirds announced that it is pivoting from sustainable shoes to artificial intelligence. The company, valued at around $4 billion at its peak, sold its intellectual property and other assets two ...

Once a trendy shoe brand among tech-oriented consumers, Allbirds (NASDAQ: BIRD) is undertaking a huge shift in its business model. The company has sold its shoe product portfolio and is now moving ...

Forbes contributors publish independent expert analyses and insights. Clara covers consumer brands shaping tomorrow's retail landscape. Sign on facade at shoe company Allbirds, Walnut Creek, ...

Allbirds' dramatic AI pivot and stock spike demand careful, filings-based investor scrutiny.

We recently shared Jim Cramer Rubbished Circular AI Deals & Commented On These 18 Stocks. Allbirds, Inc. (NASDAQ:BIRD) is one of the stocks discussed by Jim Cramer. Allbirds, Inc. (NASDAQ:BIRD) made ...

Allbirds made its Nasdaq debut in 2021 at a valuation of $3 billion, but shed about 99% of its market value as of its last ...

Nike, Allbirds, and other leading sneaker makers are struggling. They’ll face tough competitive and macro headwinds for the ...

It might be a cash grab. Or it could be an escape hatch.

The company tried to sell sustainable shoes, but couldn't stop losing money. So the publicly-held firm is trying its hand at ...

That’s how much Allbirds was valued at after its blockbuster IPO in November 2021, which raised over $300 million for the ...