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Peloton debuts $2,200 foldable treadmill and expands AI coaching tools

Peloton launched three new treadmills on Tuesday: the foldable Tread Flex at $2,200, the Tread Vision at $3,500, and the Tread Plus Vision at $6,700, all going on sale October 1. The company also rolled out new AI-driven features for runners, walkers and hikers on its Peloton IQ platform.

Peloton launches Tread Flex, its first foldable treadmill at $2,195

Peloton unveiled three new treadmills for fall 2026, including the Tread Vision at $3,495 and Tread+ Vision at $6,695, alongside the budget-focused Tread Flex priced at $2,195. The Tread Flex is Peloton's cheapest treadmill yet and its first that folds vertically, cutting its footprint roughly in half while running on wheels for easy repositioning.

Peloton unveils $2,195 Tread Flex, its cheapest folding treadmill yet

Peloton introduced the Tread Flex, a $2,195 foldable treadmill with caster wheels, a locking mechanism, and a slow two-cylinder deck release that takes about 25 seconds to lower. The company also renamed its existing machines as the Tread Vision ($3,495) and Tread Plus Vision ($6,695), giving both minor design refinements like improved deck cushioning.

CEO Ties AI Spending to Profitability Targets After Company Return

An entrepreneur who returned as CEO of his company in early 2024 describes reorganizing its technology strategy around profitable growth just as large language models surged in prominence. Rather than chasing AI investment without restraint, as he observed many companies doing, he prioritized cost discipline, setting a goal of $100 million in free cash flow within three years while using AI to address internal data problems that mirror those of the company's merchant customers.