Commonwealth Fusion Systems leans on magnets for near-term revenue; plus the company behind ClassPass and Mindbody just got a lot bigger with a $7.5B merger
TechCrunch Startup News · TechCrunch
April 2, 20268m 16s
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Show Notes
Realta Fusion is buying magnets from Commonwealth Fusion Systems, providing a revenue stopgap.
Also, the merger is a sign that the fitness industry is continuing to move toward consolidation to compete at a larger scale. Recent moves include MyFitnessPal acquiring Cal AI, an AI calorie counting app, and Strava buying two apps: cycling app The Breakaway and running app Runna.
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