Kiwi company Allbirds has announced a new direction and it's drawn questions from experts.

After years of losses, the former sustainable shoe company is transitioning to AI after selling all its assets this month.

It's revised its moniker to NewBirds AI - seeing share values surging up to 700 percent.

NZ Herald senior business writer Chris Keall says the tech and business-based press has raised concerns about what this could do for the company. 

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Kiwi company Allbirds has announced a new direction and it's drawn questions from experts.
After years of losses, the former sustainable shoe company is transitioning to AI after selling all its assets this month.
It's revised its moniker to NewBirds AI - seeing share values surging up to 700 percent.
NZ Herald senior business writer Chris Keall says the tech and business-based press has raised concerns about what this could do for the company.&nbsp;
LISTEN ABOVE

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Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

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Chris Keall: NZ Herald senior business writer on Allbirds pivoting to AI

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/aab3dc08-9b4a-45af-b242-b42e007faf9e/transcript