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 ...
Being virtuous on its own isn't enough to win a brand loyal customers.
Investors' response to the former shoe company's pivot may say something important about the outlook for neocloud companies.
Allbirds is one of the most popular footwear brands on the market. We researched and tested 16 pairs of Allbirds shoes to ...
Toto didn't just flush its old business to make chips: it's been making the same components to power the world's AI ...
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 ...
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 ...
Sustainability promised to change the industry. With Shein reportedly acquiring Everlane, and Allbirds pivotting from eco sneakers to AI, it seems that promise was mostly marketing ...
The wool shoe company made a surprising announcement about its future this week.
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, ...
That’s how much Allbirds was valued at after its blockbuster IPO in November 2021, which raised over $300 million for the shoemaker. Allbirds’ sto ...
Allbirds plans to rebrand as NewBird AI and acquire GPUs to provide AI compute infrastructure after selling its footwear ...