[Footwear Retailer Allbirds Raises $50 Million to Transition to AI Computing Infrastructure, Plans to Rebrand as 'NewBird AI'] According to Deep Tide TechFlow on April 15, as reported by CoinDesk, footwear retailer Allbirds has completed a $50 million fundraising through the issuance of convertible bonds. The company announced a full transition from its retail business to AI computing infrastructure and plans to rebrand as 'NewBird AI'.