Peloton launched AI-powered fitness equipment to revive its struggling business. The company has faced challenges post-pandemic, with declining stock and leadership changes.
Peloton debuted an artificial intelligence-focused overhaul of its product lineup along with some price hikes. The fitness company introduced five new models, according to a Wednesday (Oct. 1) press release.
Peloton is deploying a revamped product assortment that includes AI-powered camera tracking, better audio and a 360-degree swivel screen for its Bike+, Tread+ and Row+. The connected fitness company is raising the prices of its equipment by a few hundred dollars each, while its all-access membership will increase from $44 to $49.99 per month.
NEW YORK--(BUSINESS WIRE)--Peloton (NASDAQ: PTON) today announced the launch of the Peloton Pro Series, the company's all-new suite of commercial-ready equipment, including the Tread+ Pro, Peloton's first commercial treadmill. The new lineup's innovative design unlocks the benefits of cross-training, allowing commercial operators to offer a premium, all-in-one workout experience within a compac...
NEW YORK--(BUSINESS WIRE)--Today, Peloton Interactive, Inc. (NASDAQ: PTON) is ushering in a new era of connected wellness by unveiling a complete portfolio overhaul, AI-powered personal coaching, and expanded wellness content that advance its mission to support Members' total well-being. The company is introducing Peloton IQ, an AI and computer vision system that provides personalized guidance,...
Peloton (PTON -3.66%) has improved a lot about its business in the last two years, but the company is still shrinking, and that's a problem for a technology company. In this video, Travis Hoium explains why this isn't yet a great buy for investors.
Peloton Interactive (PTON 4.41%) will be remembered as one of the biggest beneficiaries of the COVID-19 pandemic. Its shares skyrocketed 550% from their public debut in September 2019 to their peak in January 2021.
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