Not The Onion@lemmy.worldEnglish · 6 days ago

Allbirds pivots from shoes to AI, stock explodes more than 400%

www.cnbc.com

Allbirds pivots from shoes to AI, stock explodes more than 400%

www.cnbc.com

inclementimmigrant@lemmy.world to

Not The Onion@lemmy.worldEnglish · 6 days ago

Struggling shoe retailer Allbirds makes bizarre pivot to AI, adds $127 million in value

www.cnbc.com

Allbirds announced a deal with American Exchange Group to sell its intellectual property and other assets for $39 million in March.

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6 days ago
Probably more like the subprime mortgage era.

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