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Stock impact report

2 Things to Know About the Allbirds Pivot Into AI [Globe and Mail, The (Toronto, Canada)]

Allbirds, Inc. - Class A (BIRD) 
It'll be one of the most bizarre headlines you'll read in 2026. Allbirds (NASDAQ: BIRD) , the eco-friendly sneaker brand once valued at more than $4 billion, announced it is leaving the shoe business entirely and making a full pivot into artificial intelligence infrastructure. Allbirds will sell its remaining intellectual property and shoe assets to American Exchange Group and rebrand as NewBird AI. It's not exactly a natural or expected move into AI, but the stock still shot up more than 500% on the news. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Investors really need to know two things about this skyrocketing jump. 1. Change of business plan The new Allbirds company will operate as a GPU-as-a-service and AI solutions cloud provider going forward. An unnamed institutional investor backs the new com Show less Read more
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