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Peloton Announces Pivot to AI, Jacks Up Price

March 14, 2017 | Futurism AI
Peloton Announces Pivot to AI, Jacks Up Price
Illustration by Tag Hartman-Simkins / Futurism. Source: Erik McGregor/LightRocket via Getty Images In an attempt to climb back up the leaderboard, Peloton just announced a flashy pivot to AI. To set the scene, the in-home fitness company hit its personal record in 2020 when its valuation skyrocketed from about $8 billion to nearly $50 billion. It was a clear winner in the pandemic economy — but ever since people were able to leave their homes again, it’s b