News
Allbirds pivots from shoes to AI servers after securing $50m funding
7+ hour, 14+ min ago (220+ words) Allbirds Inc (NASDAQ: BIRD)shares flapped over 200% higher after announcing a hard pivot from woollensneakers to artificial intelligence infrastructure, enabled by a new $50 million convertible financing facility. The company said the deal will fund plans to "pivot its business to…...