Allbirds Dives into AI, Stock Soars 400%

0:00San Francisco's shoe brand Allbirds just made a wild pivot, dropping footwear to chase artificial intelligence full throttle. They're shifting to AI infrastructure, with eyes on becoming a top AI cloud solutions provider down the line. This overhaul includes a full rebrand to Newbird AI marking a clean break from their sneaker routes. Word hit, Wall Street Wednesday, and Investors went crazy, the stock rocketed 400% in early trading. Allbirds built its name on comfy, eco-friendly kicks, but now they're all in on AI tech to redefine their future. Expect more details as this feathers unfold in the fast-moving AI world. California news today, powered by AI, bringing you what matters.