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NBC News NOW

From shoes to AI: Why Allbirds is pivoting and changing its business

NBC News Clone summarizes the latest on: Shoe Company Allbirds Pivots To Ai 261496901568 - Breaking News | NBC News Clone. This article is rewritten and presented in a simplified tone for a better reader experience.

05:46

In a surprising move, the shoe company Allbirds is fleeing the footwear business and pivoting to AI. The company announced it is changing its name to “NewBird AI” and struck a $50 million agreement to fund the new venture.

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