Struggling shoe retailer Allbirds makes bizarre pivot to AI, adds $127 million in value

Allbirds announced a deal with American Exchange Group to sell its intellectual property and other assets for $39 million in March.

Apr 16, 2026 - 01:40
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Struggling shoe retailer Allbirds makes bizarre pivot to AI, adds $127 million in value
Allbirds announced a deal with American Exchange Group to sell its intellectual property and other assets for $39 million in March.

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