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Allbirds surges 280% as it reinvents itself as AI cloud firm
short by / on Wednesday, 15 April, 2026
Allbirds (BIRD) stock surged 280% after announcing a major pivot to AI. The company secured $50 million in financing to become a GPU-as-a-Service provider, potentially rebranding as 'NewBird AI.' Additionally, Allbirds agreed to sell its footwear assets to American Exchange Group to fund the transition.
read more at Stocktwits