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fromFuturism
3 weeks ago
Artificial intelligence

Peloton Institutes Mass Layoffs After Pivoting to AI

Peloton's AI pivot and higher prices failed to revive demand, driving subscriber losses, steep stock decline, and workforce cuts to reduce costs.
fromFuturism
4 months ago
Artificial intelligence

Peloton Announces Pivot to AI, Jacks Up Price

Peloton is pivoting to AI with Peloton IQ, camera-based movement tracking, and a subscription increase to $49.99 despite unclear functionality and costly hardware requirements.
Artificial intelligence
fromTheregister
1 month ago

Meta retreats from metaverse after virtual reality check

Meta is retreating from heavy virtual reality investments, cutting Reality Labs roles and commercial Quest sales while shifting corporate focus toward AI.
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