AI creates personal experience with instructor, says Peloton CEO

Product Innovation & Strategy - Peloton launched a new cross-training series equipment lineup, incorporating both cardio and strength training [2][4] - The company introduced Peloton IQ, an AI-powered personal trainer, aiming to enhance user experience and personalize workouts [2][5][6] - AI is designed to amplify the instructors' impact by providing form feedback and rep counting, creating a personalized experience [5][6] Membership & Sales Performance - Peloton aims to both retain existing members and attract new ones [3] - Sales are trending towards stabilization, and membership is improving [8] - The company anticipates a return to growth within the fiscal year [9] Pricing & Value Proposition - Peloton has raised prices for both subscriptions and hardware [1] - The company emphasizes the value of investing in personal well-being through its integrated cardio and strength training offerings [7] Market Context - Peloton experienced significant growth during the pandemic but faced a downward trend as restrictions eased [7][8]