Allbirds shares jump over 400% on plans to pivot to AI from sneakers

April 15 : Shares of Allbirds surged more than five-fold on Wednesday after the footwear maker said it was raising capital and pivoting towards AI computing infrastructure. The San Francisco, California-based company said that it would execute a $50 million convertible financing agreement with an institutiona
2026-04-15 15:18:25