Sneaker Company Allbirds Plans to Pivot to A.I. Yes, A.I.

CitrixNews Staff

· April 16, 2026 at 12:31 AM

After selling its business for $39 million last month, the company said it planned to buy powerful computer chips and rebrand itself NewBird AI.

Originally reported by New York Times. Read the full story at the original source.

After notching big gains on its debut on Friday, the company’s shares jumped again on Monday before the market opened.

The $22 billion deal will bolster Fox Corp.’s efforts to reach consumers on streaming platforms.

Fox to buy Roku streaming firm in $22bn deal6 minutes agoShareSaveAdd as preferred on GoogleNurPhoto via Getty ImagesMed...

A framework agreement could be signed later this week, but details are scarce. Still, investors are cheering the potenti...

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