• Peloton launched AI-powered fitness equipment to revive its struggling business. • The company has faced challenges post-pandemic, with declining stock and leadership changes. • New products include AI coaching, but prices and membership fees have significantly increased.
Peloton is aiming for a grand comeback ahead of the holidays.
The company has been struggling after its meteoric rise during the pandemic.
Its latest release? A $6,695 treadmill equipped with AI, along with a suite of other AI-enabled exercise equipment.
Peloton is overhauling the entire Cross Training Series with new personalization features and a movement tracking camera that provides feedback, all powered by AI.
On Wednesday, the fitness equipment company launched five new releases, including refreshed versi