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Peloton goes all in on AI in product relaunch
['Cnn Newsource']
KVIA
Peloton has experimented with AI for the past few years, notably with the Guide, a $495 attachable camera that offered feedback, but which is no longer on sale.
The “company learned a lot from that product,” said Chief Product Officer Nick Caldwell, noting that users wanted those tools integrated “more deeply” in the equipment.
Last month, Peloton laid off about 6% of its workforce as part of a $100 million cost-cutting effort.
However, a clothing collaboration with Lululemon is still in place, and Peloton continues to sell its products with outside retailers, both McCarthy’s initiatives.
Peloton discontinued its high-profile ads featuring NFL brothers T.J. and J.J. Watt, as an attempt to appeal to men.