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America’s
obsession with the Instant Pot is losing steam.
The all-in-one kitchen gadget was an annual bestseller before the Covid-19 pandemic, making its way into millions of homes. It spawned a legion of devotees that swapped recipes online and spurred rivals to develop their own multicook machines. In 2019, the business was purchased by a private-equity firm and merged with the company behind Pyrex and CorningWare.
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