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Why Equinox’s CTO is testing a generative AI pilot to suggest workout and nutrition advice

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Eswar Veluri, the chief technology officer at Equinox, says that when the luxury gym operator is flexing new generative artificial intelligence muscles, the focus tends to center on the two Ps: productivity and personalization.

The productivity bucket is fairly straightforward. Equinox’s team is using AI to summarize documents, create emails, and automate some marketing materials and contracts. Where it gets more interesting for Equinox, which operates more than 100 fitness clubs, is a pilot of a generative AI-enabled feature that offers workout recommendations and nutrition tips.

This tools is built in Equinox’s branded mobile app but only available for employees. The rollout began with the tech team, then corporate employees and instructors, before it could become widely available to all Equinox gym goers if all goes well. This reflects Veluri’s technology playbook: always test internally first. 

“Our personal training coaches are probably going to be the most rigorous in terms of the feedback,” says Veluri. 

He asserts that the insights from Equinox’s rigorous training data are what sets it apart from the more generalized recommendations that may be produced from standard AI models. “The value is added when we have our proprietary thinking that is embedded with the general recommendation, so that the end user should feel that this is something that I’m getting that is on par with what an Equinox coach would provide,” says Veluri.

There’s also a more valuable feedback loop with the application of generative AI, as Equinox is now able to utilize large language models that can digest written comments from users and then adjust future fitness and nutrition suggestions. Prior variations of these tools would rely on a more simplistic “thumbs up, thumbs down” response.

“That ability for our members to have agency over the recommendations, and for us to be able to incorporate that feedback into modifying the recommendations, is something that would not have been possible if we did not have gen AI,” says Veluri. 

Veluri has had a long career at Equinox, joining the fitness company in 2010 as director of digital products and rising up through the ranks to become CTO in 2021. Through that time, Equinox has invested in a mobile app that offers users virtual classes, and invested in more technically advanced treadmills, ellipticals, and other workout machinery.

Over that period of time, the fitness industry has democratized the accessibility of workout data, with fitness trackers like the Apple Watch, Fitbit, and Garmin enjoying mass adoption and easily tracking steps taken throughout the day, calories burned, sleep, and heart rate. Studies on these devices are fairly limited, but research does indicate that the use of fitness trackers can promote more fitness.

AI could make promoting a healthier lifestyle even easier. One way that Equinox utilizes AI, which predates the generative boom, involves Netflix-styled recommendations for classes that a fitness freak may want to try based on their past preference for yoga or cycling, the weather of the day, and the club locations they tend to frequent. Veluri says after this feature went live, Equinox saw class bookings dramatically increase. That engagement can lead to less club member attrition.

The company has also rolled out a generative AI chatbot that can answer straightforward questions including “What time is my gym open?”

“Our business model is one where we want and encourage our members to use our clubs as often as they can,” says Veluri.

With a scrappy technology team of just around 80 people, Veluri says he has to be careful about spending and doesn’t put too much money into any one tech initiative.

Equinox also has a close relationship with Amazon Web Services, a partner it leaned on to rearchitect its tech stack and streamline workflows for engineers. Previously, Equinox ran workloads on a Windows-based server and each digital fitness service ran as an individual task. That added complexity to the software updates process. While the application infrastructure is now housed more efficiently with AWS, Equinox says it utilizes large language models from various providers, including AWS and Anthropic.

Veluri says the culture he’s created with his technology team is one that encourages everyone to offer suggestions for what mobile app features should be explored next. The team takes a close look at competitor gym and fitness apps to ensure the features Equinox offers are in good shape.

“The biggest advantage of Equinox is that we use the services of our company a lot,” says Veluri. “We also have goals and we also want to achieve results.”

John Kell

Send thoughts or suggestions to CIO Intelligence here.

NEWS PACKETS

Big Tech’s 2025 AI Spending Total: $344 billion. Bloomberg took a look at the latest quarterly spending plans from four of the world’s largest technology companies—Microsoft, Amazon, Meta Platforms, and Alphabet—and found that their capital expenditures reached $89 billion in the second quarter. A lot of those funds are going toward building out data centers that are needed to run AI models, which can give these tech giants an edge that Wall Street is rewarding or punishing based on what they are gleaning from the earnings results. Facebook and Instagram parent Meta, as an example, reported a second-quarter sales total that exceeded expectations and issued a positive revenue forecast, growth that CEO Mark Zuckerberg attributed to “AI unlocking greater efficiency and gains across our ad system.” Amazon, meanwhile, saw shares fall partly due to retail volatility but also the competitive dynamics in cloud and AI that led to some concerns about the company’s market position.

AI blamed for thousands of job cuts so far this year. Under the hood of a U.S. job market that’s looking increasingly shaky after a weak report for July and downward revisions for the prior two months is a report from outplacement firm Challenger, Gray & Christmas that found the adoption of generative AI technology by private employers accounted for more than 10,000 job cuts for the first seven months in 2025. As prior reporting has shown, the impact of AI on hiring has most notably affected younger workers. CBS News reports that job listings for entry-level corporate roles have declined 15% over the past year, citing data from career platform Handshake. “The industry is being reshaped by the advancement of artificial intelligence and ongoing uncertainty surrounding work visas, which have contributed to workforce reductions,” Challenger, Gray & Christmas said. Meanwhile, IT trade group CompTIA reports that postings for tech positions contracted slightly in July from the prior month.

Apple is feeling the pressure in the AI race. After the tech behemoth reported a robust fiscal third-quarter earnings report, driven by strong demand for iPhones, Bloomberg says CEO Tim Cook held a rare all-hands meeting intended to rally the troops around the company’s AI prospects and pipeline of features even as questions continue to linger about Apple’s AI struggles. “We’ve rarely been first,” Cook reportedly told Apple’s team. “There was a PC before the Mac; there was a smartphone before the iPhone; there were many tablets before the iPad; there was an MP3 player before iPod.” Separately, the outlet reports of the early stages of a new team called “Answers, Knowledge and Information,” which may be working on creating a new ChatGPT-like search engine. Rivals have taken notice, with Google recently poking fun of Apple’s delayed AI features in an advertisement for the Pixel 10 smartphone.

OpenAI, Amazon, and Google among companies that signed EU’s AI code of practice. The European Commission’s AI office published a list of signatories that have committed to the EU’s AI code of practice, a set of rules as it pertains to transparency, copyright, safety, and security for companies that deploy general-purpose AI models. U.S. tech giants including Google, Amazon, IBM, Microsoft and OpenAI have signed the code of practice, as well as Europe’s Mistral AI and Aleph Alpha. Meta was a notable hold out, as was Elon Musk’s xAI, which only signed onto one of the three chapters of the code. Those that haven’t signed the code of practice will still need to adhere to the requirements in the EU’s AI Act, which was adopted by the European Parliament last year, though most of the substantive requirements will be applicable by 2026. 

ADOPTION CURVE

IT leaders say they are losing 8.6% of business revenue on inability to tap AI. A survey of 800 global IT decision-makers from businesses with over 1,000 employees reported that they believe the inability to make use of AI in a timely manner would them to lose, on average, 8.6% of their revenue. For the sample of the study, conducted by database software provider Couchbase, that would equate to an annual loss of almost $87 million.

Businesses say that the top issues disrupting their AI projects include a perception that the risk of failure was or had become too high (45% of respondents), followed by an inability to secure the necessary budget or stay within budget (39%) and a lack of confidence that the project would meet security or compliance demands (36%).

Julie Irish, chief information officer at Couchbase, told Fortune that her approach to keep costs in check on AI investments centered on piloting every single solution pitched by vendors. Irish says by doing so, she can keep a close eye on how long it takes to implement new AI tools, better predict costs for a broader rollout, and determine if the technology meets the use case.

“I think there’s a lot of overpromising,” says Irish. “If it’s really as easy as they say, and it’s really going to add that much value, ‘Hey, let’s try it out. Let’s see how it’s working.’”

Courtesy of Couchbase

JOBS RADAR

Hiring:

Ronald McDonald House Charities is seeking a CIO, based in Chicago. Posted salary range: $222K-$289K/year.

EchoStar is seeking a CIO, based in Englewood, Colorado. Posted salary range: $400K-$500K/year.

Air Force Research Laboratory is seeking a CTO, based in Dayton, Ohio. Posted salary range: $125.2K-$197.5K/year.

Royal Electric is seeking a CIO, based in Long Beach, California. Posted salary range: $220K-$295K/year.

Hired:

Amway appointed Ryan Talbott as CTO, succeeding Becky Smith, the direct selling company’s chief financial officer, who had served as interim CTO for the past several months. Prior to joining Amway, Talbott was VP and global CIO for automotive parts supplier BorgWarner. He has also held executive roles at auto maker Stellantis and management consulting firm Accenture.

Certara announced the appointment of Christopher Bouton as CTO, where he will oversee the technology strategy for the drug development software maker. Bouton previously was the founder and CEO of life sciences software company Vyasa Analytics, which Certara acquired in 2022. He also previously found and led software provider Entagen, which was acquired by Thomson Reuters.

Highmark Health named Dr. Alistair Erskine as chief information digital officer, joining the Pittsburgh-based health care company after most recently serving as CIDO at Georgia health care system Emory Healthcare. He also previously served as chief digital health officer at not-for-profit health care system Mass General Brigham and CIO at Pennsylvania regional health care provider Geisinger.

Advarra appointed Brian Hart as CTO, joining the clinical research services provider after most recently serving as CTO at clinical analytics company Covera Health. Earlier in his career, he served as a director of clinical data and innovation at IBM Watson Health and VP of research and development for Merge Healthcare, a medical imaging company acquired by IBM in 2015.

CSAA Insurance Group named Bradley Lontz as EVP and CIO, joining the insurance provider after most recently serving as CIO at CopperPoint Insurance. Prior to that, he also held CIO roles at California Dental Association and Nautilus Insurance. Earlier in Lontz’s career, he held senior leadership positions at Liberty Mutual, Cummins, and PwC.

CloudFactory announced the appointment of Ajai Sharma as chief product and technology officer, responsible for product strategy and technology vision for the company that labels data used for training AI models. Sharma previously served as a head of product at Amazon Web Services and before that, an AI and deep learning product expert for consultancy McKinsey.

Inmar Intelligence promoted Srini Varadarajan to the role of CTO, after he most recently served as SVP of software engineering for the data insights company. Earlier in Varadarajan’s career, he consulted and led engineering teams at organizations including Volvo, Avis, and JPMorgan Chase.



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Why the timing was right for Salesforce’s $8 billion acquisition of Informatica — and for the opportunities ahead

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The must-haves for building a market-leading business include vision, talent, culture, product innovation and customer focus. But what’s the secret to success with a merger or acquisition? 

I was asked about this in the wake of Salesforce’s recently completed $8 billion acquisition of Informatica. In part, I believe that people are paying attention because deal-making is up in 2025. M&A volume reached $2.2 trillion in the first half of the year, a 27% increase compared to a year ago, according to JP Morgan. Notably, 72% of that volume involved deals greater than $1 billion. 

There will be thousands of mergers and acquisitions in the United States this year across industries and involving companies of all sizes. It’s not unusual for startups to position themselves to be snapped up. But Informatica, founded in 1993, didn’t fit that mold. We have been building, delivering, supporting and partnering for many years. Much of the value we bring to Salesforce and its customers is our long-earned experience and expertise in enterprise data management. 

Although, in other respects, a “legacy” software company like ours — founded well before cloud computing was mainstream — and early-stage startups aren’t so different. We all must move fast and differentiate. And established vendors and growth-oriented startups have a few things in common when it comes to M&A, as well. 

First and foremost is a need to ensure that the strategies of the two companies involved are in alignment. That seems obvious, but it’s easier said than done. Are their tech stacks based on open protocols and standards? Are they cloud-native by design? And, now more than ever, are they both AI-powered and AI-enabling? All of these came together in the case of Salesforce and Informatica, including our shared belief in agentic AI as the next major breakthrough in business technology.

Don’t take your foot off the gas

In the days after the acquisition was completed, I was asked during a media interview if good luck was a factor in bringing together these two tech industry stalwarts. Replace good luck with good timing, and the answer is a resounding, “Yes!”

As more businesses pursue the productivity and other benefits of agentic AI, they require high-quality data to be successful. These are two areas where Salesforce and Informatica excel, respectively. And the agentic AI opportunity — estimated to grow to $155 billion by 2030 — is here and now. So the timing of the acquisition was perfect. 

Tremendous effort goes into keeping an organization on track, leading up to an acquisition and then seeing it through to a smooth and successful completion. In the few months between the announcement of Salesforce’s intent to acquire Informatica and the close, we announced new partnerships and customer engagements and a fall product release that included autonomous AI agents, MCP servers and more. 

In other words, there’s no easing into the new future. We must maintain the pace of business because the competitive environment and our customers require it. That’s true whether you’re a small, venture-funded organization or, like us, an established firm with thousands of employees and customers. Going forward we plan to keep doing what we do best: help organizations connect, manage and unify their AI data. 

Out with the old, in with the new

It’s wrong to think of an acquisition as an end game. It’s a new chapter. 

Business leaders and employees in many organizations have demonstrated time and again that they are quite good at adapting to an ever-changing competitive landscape. A few years ago, we undertook a company-wide shift from on-premises software to cloud-first. There was short-term disruption but long-term advantage. It’s important to develop an organizational mindset that thrives on change and transformation, so when the time comes, you’re ready for these big steps. 

So, even as we take pride in all that we accomplished to get to this point, we now begin to take on a fresh identity as part of a larger whole. It’s an opportunity to engage new colleagues and flourish professionally. And importantly, customers will be the beneficiaries of these new collaborations and synergies. On the day Informatica was welcomed into the Salesforce family and ecosystem, I shared my feeling that “the best is yet to come.” That’s my North Star and one I recommend to every business leader forging ahead into an M&A evolution — because the truest measure of success ultimately will be what we accomplish next.

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.



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The ‘Great Housing Reset’ is coming: Income growth will outpace home-price growth in 2026

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Homebuyers may experience a reprieve in 2026 as price normalization and an increase in home sales over the next year will take some pressure off the market—but don’t expect homebuying to be affordable in the short run for Gen Z and young families.

The “Great Housing Reset” will start next year, with income growth outpacing home-price growth for a prolonged period for the first time since the Great Recession era, according to a Redfin report released this week. 

The residential real estate brokerage sees mortgage rates in the low-6% range, down from down from the 2025 average of 6.6%; a median home sales price increase of just 1%, down from 2% this year; and monthly housing payments growth that will lag behind wage growth, which will remain steady at 4%.

These trends toward increased affordability will likely bring back some house hunters to the market, but many Gen Zers and young families will opt for nontraditional living situations, according to the report. 

More adult children will be living with their parents, as households continue to shift further away from a nuclear family structure, Redfin predicted.

“Picture a garage that’s converted into a second primary suite for adult children moving back in with their parents,” the report’s authors wrote. “Redfin agents in places like Los Angeles and Nashville say more homeowners are planning to tailor their homes to share with extended family.”

Gen Z and millennial homeownership rates plateaued last year, with no improvement expected. Just over one-quarter of Gen Zers owned their home in 2024, while the rate for millennial owners was 54.9% in the same year.

Meanwhile, about 6% of Americans who struggled to afford housing as of mid-2025 moved back in with their parents, while another 6% moved in with roommates. Both trends are expected to increase in 2026, according to the report.

Obstacles to home affordability 

Despite factors that could increase affordability for prospective homebuyers, C. Scott Schwefel, a real estate attorney at Shipman, Shaiken & Schwefel, LLC, told Fortune that income growth and home-price growth are just a few keys to sustainable homeownership. 

An improved income-to-price ratio is welcome, but unless tax bills stabilize, many households may not experience a net relief, Schwefel said.

“Prospective buyers need to recognize that affordability is not just price versus income…it’s price, mortgage rate and the annual bill for living in a place—and that bill includes property taxes,” he added.

In November, voters—especially young ones—showed lowering housing costs is their priority, the report said. But they also face high sale prices and mortgage rates, inflated insurance premiums, and potential utility costs hikes due to a data center construction boom that’s driving up energy bills. The report’s authors expect there to be a bipartisan push to help remedy the housing affordability crisis.

Still, an affordable housing market for first-time home buyers and young families still may be far away.

“The U.S. housing market should be considered moving from frozen to thawing,” Sergio Altomare, CEO of Hearthfire Holdings, a real estate private equity and development company, told Fortune

“Prices aren’t surging, but they’re no longer falling,” he added. “We are beginning to unlock some activity that’s been trapped for a couple of years.”



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Nvidia’s CEO says AI adoption will be gradual, but we still may all end up making robot clothing

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Nvidia CEO Jensen Huang doesn’t foresee a sudden spike of AI-related layoffs, but that doesn’t mean the technology won’t drastically change the job market—or even create new roles like robot tailors.

The jobs that will be the most resistant to AI’s creeping effect will be those that consist of more than just routine tasks, Huang said during an interview with podcast host Joe Rogan this week. 

“If your job is just to chop vegetables, Cuisinart’s gonna replace you,” Huang said.

On the other hand, some jobs, such as radiologists, may be safe because their role isn’t just about taking scans, but rather interpreting those images to diagnose people.

“The image studying is simply a task in service of diagnosing the disease,” he said.

Huang allowed that some jobs will indeed go away, although he stopped short of using the drastic language from others like Geoffrey Hinton a.k.a. “the Godfather of AI” and Anthropic CEO Dario Amodei, both of whom have previously predicted massive unemployment thanks to the improvement of AI tools.

Yet, the potential, AI-dominated job market Huang imagines may also add some new jobs, he theorized. This includes the possibility that there will be a newfound demand for technicians to help build and maintain future AI assistants, Huang said, but also other industries that are harder to imagine.

“You’re gonna have robot apparel, so a whole industry of—isn’t that right? Because I want my robot to look different than your robot,” Huang said. “So you’re gonna have a whole apparel industry for robots.”

The idea of AI-powered robots dominating jobs once held by humans may sound like science fiction, and yet some of the world’s most important tech companies are already trying to make it a reality. 

Tesla CEO Elon Musk has made the company’s Optimus robot a central tenet of its future business strategy. Just last month, Musk predicted money will no longer exist in the future and work will be optional within the next 10 to 20 years thanks to a fully fledged robotic workforce. 

AI is also advancing so rapidly that it already has the potential to replace millions of jobs. AI can adequately complete work equating to about 12% of U.S. jobs, according to a Massachusetts Institute of Technology (MIT) report from last month. This represents about 151 million workers representing more than $1 trillion in pay, which is on the hook thanks to potential AI disruption, according to the study.

Even Huang’s potentially new job of AI robot clothesmaker may not last. When asked by Rogan whether robots could eventually make apparel for other robots, Huang replied: “Eventually. And then there’ll be something else.”



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