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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 a...

BUSINESS NEWS April 15, 2026

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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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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