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OpenAI Startup Fund & Arianna Huffington’s Thrive Global Create New Company, Thrive AI Health, To Launch Hyper-Personalized AI Health Coach

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Health and wearables product leader DeCarlos Love leaves Google to serve as CEO

The Alice L. Walton Foundation to be a strategic investor to leverage AI to make a healthier life accessible to all

SAN FRANCISCO, July 8, 2024 /PRNewswire/ — The OpenAI Startup Fund and Thrive Global announced today the creation of a new company, Thrive AI Health, exclusively devoted to building an AI health coach. The company’s mission is to use AI to democratize access to expert-level health coaching to improve health outcomes. This will also address growing health inequities by bringing the power of behavior change to the urgent challenge of chronic diseases. 

The company will be funded by the OpenAI Startup Fund and Thrive Global as lead investors. The Alice L. Walton Foundation is a strategic investor in the new company, underscoring Thrive AI Health’s focus on health equity.

As Sam Altman and Arianna Huffington wrote in an op-ed in TIME, “So much of the conversation around AI has been about how much time it will save us and how productive it will make us. But AI could go well beyond efficiency and optimization to something much more fundamental: improving both our health spans and our lifespans. Because health is also what happens between doctor visits. In the same way the New Deal built out physical infrastructure to transform the country, AI will serve as part of the critical infrastructure of a much more effective health care system that supports everyday people’s health in an ongoing way. These are some of the ideas behind Thrive AI Health.”

DeCarlos Love, a product leader who was most recently at Google, will be CEO of the new company. At Google, he led sensors, AI & ML algorithms as well as health and fitness experiences across all devices and platforms, including Fitbit by Google Fitness, Pixel Watch and Wear OS. Prior to Google, Love held product roles at Apple and Athos. His passion and experience are further cemented from spending time as a coach for different sports as well as developing a childhood obesity program in his hometown of Minneapolis. 

Thrive AI Health will use the power of generative AI to hyper-personalize and scale behavior change across the five key and interconnected daily behaviors that govern our health: sleep, food, fitness, stress management and connection. Given that behavior accounts for a significant share of health outcomes than medical care or our genes, by adopting healthier habits in these five behaviors, people can make dramatic improvements in health outcomes.

The Thrive AI Health Coach will be an essential tool for both prevention and for optimizing the treatment of disease through an AI personal context engine that understands the user and generates personalized AI-driven insights; proactive, multimodal, expert-level coaching as well as nudges and recommendations unique to each user across the five behaviors. They will all be powered by a unified health data platform with robust privacy and security guardrails to deliver a transformative health experience. The Thrive AI Health Coach will be trained on the latest peer-reviewed science, biometric, lab and other medical data, as well as users’ personal preferences and goals around the five key daily behaviors. 

The new company will leverage resources from OpenAI and Thrive Global, including Thrive Global’s leading behavior change methodology, Microsteps and content library. Thrive AI Health will also take advantage of the latest developments in AI, including enhanced long-term memory capabilities and a custom-developed behavioral coaching model with domain-specific customization, to empower individuals to take action across these five daily behaviors and improve health outcomes.

“Recent advancements in artificial intelligence present an unprecedented opportunity to make behavior change much more powerful and sustainable,” said DeCarlos Love, Thrive AI Health CEO. “AI has shown a remarkable ability to assimilate large datasets, extract actionable insights, recognize patterns, and deliver personalized recommendations. However, despite these technological advances, the current landscape of large language models (LLMs) still falls short of delivering a truly comprehensive and effective personalized behavior change and coaching experience. Thrive AI Health Coach is the product to solve the limitations of current AI and LLM-based solutions by providing personalized, proactive, and data-driven coaching across the five daily behaviors. This is how it will improve health outcomes, reduce healthcare costs and significantly impact chronic diseases worldwide.”

“Through AI, we can make health and wellness opportunities more accessible for all,” says Alice Walton, founder of the Alice L. Walton Foundation, Heartland Whole Health Institute, and the Alice L. Walton School of Medicine. “Thrive AI Health offers the potential of increasing access to tools that can change behaviors and ultimately increase quality of life.”

The aim for the AI Health Coach is to finally reduce the trendlines on chronic diseases, which are skyrocketing around the world. In the U.S. alone, around 90% of our $4.1 trillion in healthcare spending — 17% of GDP, up from 5% in 1960 — is for the treatment of chronic and mental health conditions. A staggering 129 million Americans have at least one chronic condition, and in 2023, eight chronic conditions, including cardiovascular diseases, depression and diabetes, hit all-time highs. The status quo is unsustainable — a challenge that AI-driven hyper-personalized coaching is uniquely positioned to address.

Given that chronic diseases — like diabetes and cardiovascular diseases — are directly related to daily behaviors but not distributed equally across demographics, the Thrive AI Health Coach will leverage the power of AI to reach underserved communities. Dr. Gbenga Ogedegbe, Professor of Population Health & Medicine and Director, NYU Langone’s Institute for Excellence in Health Equity, will serve as Health Equity Advisor to Thrive AI Health. 

Thrive AI Health has established research partnerships with leading academic institutions and medical centers which will include bringing the AI Health Coach to their communities. Stanford Medicine, the Alice L. Walton School of Medicine and the Rockefeller Neuroscience Institute at West Virginia University are launch partners.

“Working together with Stanford Medicine and Thrive AI Health, we are excited to engage our faculty and future physicians to explore the use of AI Health Coach in ways that reflect our whole health approach,” said Dr. Sharmila Makhija, Founding Dean and CEO of the Alice L. Walton School of Medicine. “We strongly believe AI will positively change the future of health care, from medical education to clinical care, and we are committed to leveraging this technology to its full potential.”

“At Stanford Health Care, we are committed to delivering transformative digital experiences that enhance patient care, enable cutting-edge research, and help train tomorrow’s health leaders,” said Dr. Michael Pfeffer, Chief Information and Digital Officer for Stanford Health Care. “We are excited to explore the potential of AI Health Coach to advance these goals for the benefit of patients and providers alike.”

“For the last five years, the Rockefeller Neuroscience Institute has partnered with Thrive Global, conducting clinical research studies involving over 3,000 participants linking our Human Operating System and AI-driven real time digital health insights with Thrive Global’s behavior change methodology, Microsteps and content,” said Dr. Ali Rezai, Director of the Rockefeller Neuroscience Institute. “We are excited about this next stage collaboration with Thrive AI Health to accelerate the impact of personalized coaching to improve health, especially in rural America.”

About Thrive Global
Founded by Arianna Huffington in 2016, Thrive Global is a leading behavior change technology company with the mission to improve productivity and health outcomes – one Microstep at a time. Thrive helps individuals and organizations improve well-being, performance and mental resilience with its AI-powered behavior change technology platform. Thrive’s Microsteps – small, science-backed steps to improve health and productivity – have been adopted by employees at more than 200 organizations in over 160 countries, from frontline and call center workers to executives at multinational companies. For more information, visit www.thriveglobal.com.

Contacts
Libby Duke
Head of Communications, Thrive Global
libby@thriveglobal.com
917-698-4993

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SOURCE Thrive Global

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Orion Innovation Names Brian Bronson Chief Executive Officer

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Technology Industry Executive and Leader to Drive Next Phase of Company Growth

EDISON, N.J., Nov. 15, 2024 /PRNewswire/ — Orion Innovation (“Orion”), a leading digital transformation and product development services firm, today announced the appointment of Brian Bronson as Chief Executive Officer, effective immediately. With over 25 years of leadership experience across global technology sectors, Bronson will lead Orion’s next phase of growth and transformation, focusing on expanding the company’s digital capabilities and market presence. Brian succeeds Raj Patil, who will transition to an advisory role with the company and One Equity Partners.

“Brian’s impressive track record of driving profitable growth and leading large-scale organizational transformation makes him the ideal leader for Orion’s next chapter,” said Carlo Padovano, Partner at One Equity Partners and Lead Director of Orion Innovation. “His deep expertise in product engineering, GenAI adoption, and digital transformation perfectly aligns with our vision for Orion’s future.

On behalf of the Orion Board, I’d like to thank Raj for his leadership and dedication in helping develop Orion into a market leader. Raj will transition to an advisory role with the company and One Equity Partners.”

“I’m honored to take on this role and excited about the tremendous opportunities ahead for Orion,” said Bronson. “The company has built an impressive foundation with a blue-chip roster of clients, a global delivery platform, and a talented team with deep domain and engineering expertise. I look forward to working closely with our employees, clients, and partners as we deliver transformative solutions to our clients, drive innovation, and scale our capabilities.”

Before joining Orion, Brian served as EVP of US Telecom, Media, and Entertainment at Capgemini. Additionally, he led the integration and execution of Capgemini’s global engineering services business across the Americas and Asia. This included driving growth in many industries leveraging innovative capabilities tied to 5G, connectivity, and software product engineering. Previously, as President & CEO of Radisys, a leading provider of open telecom solutions, he led the company’s strategic transformation from a hardware company to a provider of cutting-edge software and enabling technologies for the telecom, technology, and medical industries. This transformation culminated in the sale of Radisys to Reliance Industries in 2018, marking a successful exit for the company.

About Orion Innovation

Orion Innovation (“Orion”) is a leading digital transformation and product development services firm. Rooted in engineering and design thinking, along with a unique combination of agility, scale, and maturity, its team of approximately 6,400 associates helps Fortune 1000 companies improve efficiencies, enhance customer experiences, and develop new digital offerings. Through its delivery centers in North America, EMEA, India and Latin America, Orion serves clients across Telecom, Media & Technology, Sports & Entertainment, Professional Services, Financial Services, and Healthcare industries. For more information, visit www.orioninc.com

About One Equity Partners

One Equity Partners (“OEP”) is a middle market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm seeks to build market-leading companies by identifying and executing transformative business combinations. OEP is a trusted partner with a differentiated investment process, a broad and senior team, and an established track record generating long-term value for its partners. Since 2001, the firm has completed more than 400 transactions worldwide. OEP, founded in 2001, spun out of JP Morgan in 2015. The firm has offices in New York, Chicago, Frankfurt and Amsterdam. For more information, please visit www.oneequity.com.

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Morrison Securities launches one of Australia’s first plug-and-play global trading to 15 countries with ViewTrade

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SYDNEY, Nov. 15, 2024 /PRNewswire/ — Equities clearing business Morrison Securities (“Morrison”) is launching one of Australia’s first plug-and-play global trading to 15 countries with trading technology provider ViewTrade.

This will mean Morrison’s 38,000+ active clients trading $30 billion annually will only need to go through KYC once and then will be provided unprecedented rapid global trading access.

Morrison will now also offer enhanced global equity and options trading, fixed income, ETFs, seamlessly integrate domestic and global trading, and choice between fully disclosed or omnibus operating models.

ViewTrade has calculated that implementation of solutions like this across all of Australia’s global trading could generate efficiencies of nearly $240 million annually.

A business the size of Morisson launching this solution is a watershed moment for enhancing global opportunities for Australia’s wealth management sector, according to ViewTrade.

Nigel Singh, CEO of ViewTrade International Australia, said: “We are excited to work with Morrison Securities. Together, we are unlocking a world of investment opportunities for Australians. By accessing global markets, firms can offer their clients more diversified portfolios, reducing risk and protecting wealth. This benefits both domestic and international clients. We invite other firms to join us in this partnership and unlock the potential of global market access.”

William Slack, CEO of Morrison Securities, said: “We’ve designed a solution that integrates global market access into our domestic offering for a superior customer experience. With our combined expertise, we’re confident in delivering an efficient, scalable solution tailored to the specific needs of our clients.”

Laksh Gangwani, Chief Revenue Officer – APAC and Middle East at ViewTrade, added: “We are thrilled about the partnership with Morrison Securities as they launch one of Australia’s first plug-and-play global trading solutions to 15 countries. Morrison’s integrated approach to technology, compliance, and operations is enabling investors to complete KYC once, while accessing multiple markets and asset classes with ease. This will ensure Australian investors can build diversified international portfolios with ease.”

ViewTrade (www.viewtrade.com) is a global leader in investment and trading infrastructure solutions that power cross-border investing for financial services firms throughout the world. ViewTrade provides the technology, support, and brokerage services that business innovators need to launch or enhance retail investing experiences. For more than 20 years, ViewTrade has partnered with over 300 clients – from technology startups to large banks, brokers and advisors – to deliver innovative investment solutions and exceptional customer service.

Morrison Securities (https://www.morrisonsecurities.com/) Established in 1985, Morrison Securities is an Australian Broking firm specialising in trading, execution, and clearing services tailored to advisory firms and wholesale clients. They partner with firms to navigate operational challenges and help them realise their full potential. Their comprehensive suite of solutions covers seamless international market access, advanced equities and options trading, capital raising and DVP settlement services, integrated APIs, and stock lending. With a platform-agnostic approach and enterprise-level client service, they prioritise operational excellence and long-term partnerships.

 

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SOURCE ViewTrade

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Australia’s least-favourite chores just got easier with Roborock’s Black Friday & Cyber Monday deals

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SYDNEY, Nov. 15, 2024 /PRNewswire/ — Roborock, the global best-selling robot vacuum brand[i], is thrilled to announce its exclusive deals for Black Friday and Cyber Monday 2024.

Starting from 21 November to 4 December 2024, Roborock is offering significant discounts on a wide range of popular models, with savings of up to $700 – including popular models such as the S8 MaxV Ultra, Qrevo MaxV, Q8 Max+, Qrevo Master, Qrevo S, and Flexi Pro.

In a recent survey conducted across Australia, Roborock found that 27% of Australians would happily skip cleaning their floors forever, with many Aussies also admitting to neglecting high-maintenance tasks such as vacuuming, mopping, and appliance cleaning. With these cleaning challenges in mind, Roborock is offering unbeatable savings on popular models across Black Friday and Cyber Monday, with savings of up to $700.

The deals are available at Robrock Australia’s Official Online Store, Roborock’s Amazon storefront and all authorised retailers.

 Black Friday & Cyber Monday Deals

S8 MaxV Ultra – (SAVE $700) – MSRP $2,999 / Promo: $2,299The S8 MaxV Ultra is the company’s most powerful one-stop cleaning solution, combining the company’s most sophisticated deep cleaning technology with user-friendly features. The model introduces a unique robotic arm and an extra mop that efficiently cleans challenging areas with complete corner cleaning capabilities. Newly launched.Qrevo Master – (SAVE $700) – MSRP $2,699 / Promo: $1,999Newly launched and the most advanced model in the mid-range Qrevo series, the Qrevo Master is built for those who seek top-of-the-line cleaning technology at a mid-range price point. With high-powered suction, deep corner cleaning capabilities, and complete self-maintenance features, it’s designed to tackle the toughest cleaning challenges effortlessly.

Qrevo MaxV – (SAVE $700) – MSRP $2,199 / Promo: $1,499Offers users a complete hands-free floor cleaning experience at the mid-range price point, taking both vacuuming and mopping off your plate while combining powerful cleaning functions, self-maintenance capabilities, and intelligent features such – as pet recognition from flagship models – into one convenient cleaning package.

Qrevo S – (SAVE $400) – MSRP $1,499 / Promo: $1,099Newly launched, the Qrevo S is ideal for those looking for their first robot vacuum that excels at both vacuuming and mopping with self-maintenance features. It blends cleaning performance with a streamlined design for everyday cleaning.

Q8 Max+ – (SAVE $500) – MSRP $1,299 / Promo: $799The Q8 Max+ delivers high-performance cleaning with enhanced navigation and automatic dirt disposal. It’s equipped with powerful suction and a flagship roller brush system making it perfect for homes with mainly hard floors, ensuring a deep and thorough clean.

Flexi Pro – (SAVE $300) – MSRP $999 / Promo: $699 (Available starting 14th November)The Flexi Pro is a versatile handheld vacuum option designed for deep floor cleaning and tight spaces. Capable of handling both wet and dry messes, and the ability to clean itself after every clean-up, the Flexi Pro tackles all types of messes with ease.

According to Roborock’s recent survey, garages are the dirtiest spaces in Australian homes, with 46% of respondents admitting they need more attention. Other problem areas include bathrooms (41%), kitchens (38%), and even kids’ playrooms (32%). Given the demands of busy lives, it’s easy to see why some chores fall through the cracks.

With these exclusive Black Friday and Cyber Monday offers, Roborock makes it easier than ever for Aussies to maintain a clean and comfortable home – without the hassle. Whether it’s tackling neglected garages, high-traffic kitchens, or hard-to-reach corners in the bathroom, Roborock’s innovative products are ready to take on the task.

For more information on Roborock products, please visit https://au.roborock.com  

-ENDS-

Notes to Editors: 

The Roborock survey was conducted by TGM Research and involved 1,028 nationally representative respondents across Australia. The survey aimed to understand the cleaning habits, preferences, and challenges faced by Australians ahead of the launch of Roborock’s Qrevo Master, Qrevo S and H5. 

About Roborock     

Roborock is a leading smart cleaning brand renowned for its intelligent cleaning solutions. With a steadfast dedication to becoming a global leading smart appliance player, Roborock enriches liveswith its innovative line of robotic, cordless, wet/dry vacuum cleaners, and washer-dryers. Rooted in a user-centric approach, our R&D-driven solutions cater to diverse cleaning needs in over 15 million homes across 170+ countries.  Headquartered in Beijing and with strategic subsidiaries in key markets, including the United States, Japan, the Netherlands, Poland, Germany, and South Korea, Roborock is dedicated to elevating its market presence worldwide. For more information, visit https://au.roborock.com/.    

[i] [1] The data comes from Euromonitor International (Shanghai) Co., Ltd. The sales figures of robotic vacuum cleaners worldwide in the first three quarters of 2023 (in RMB hundred million) were used for calculation. Roborock ranks first in the industry. Robotic vacuum cleaner refers to vacuum cleaners that automatically move around rooms using sensors to clean floors. The research was completed in February 2024.

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SOURCE Roborock

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