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The Nexus
BUSINESSApr 15 · 17:50 UTCCBS NEWS

Allbirds's pivot from footwear to AI sends its shares soaring 600%

Allbirds, a sneaker company, is rebranding as 'NewBird AI' and selling its footwear assets to focus on AI computing power. This strategic shift has led to a 600% increase in its stock price.

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