Shoe brand Allbirds' shares rise 580% after it pivots from footwear to AI
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Source: BBC News
Published: 2026-04-16 11:58 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Culture & Entertainment, Technology & AI, Elections, World News, Technology
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Snippet:
Shares in shoe brand Allbirds, once seen on the feet of famous people like actor Ben Affleck and former US President Barack Obama, soared on Wednesday after it announced plans to pivot from footwear to artificial intelligence (AI).
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