The ecological sneaker brand Allbirds lacks the footing to pivot towards AI

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By TP


After failing to sustain its eco-sneaker empire, Allbirds has an even crazier proposal. The firm, which was once worth more than $4 billion, sold what remained of its footwear business in March for only $39 million and is now rushing into the world of artificial intelligence. These kinds of strange twists work sometimes, but the odds are against it. Continue reading

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