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EGYM, a connected fitness startup conceived after the founder hit a wall at the gym, lands $200m at a $1.2B+ valuation

TechCrunch LogoTechCrunch2d ago

EGYM, a connected fitness startup conceived after the founder hit a wall at the gym, lands $200m at a $1.2B+ valuation - TechCrunch

Quick Summary:

Getting healthy is big business these days.

Companies like Neko Health — the startup co-founded by Daniel Ek — are building clinics that scan customers’ bodies and combines that with AI algorithms to provide a wide range of diagnostics about the state of users’ health consumers get a better grip on the state of their health.

So Genius is not based on any of the big Large Language Models, but rather on a set of models that has been specifically tailored and trained based on the many years of workout data that EGYM has collected.


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Article Details

Author / Journalist: Ingrid Lunden

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-24 @ 19:13:12 (2 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1636 words

Reading Time: 10 minutes read

Sentences: 70 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 22698937

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