OpenAI acquires health-care technology startup Torch
Owned by OpenAI acquired health technology startup TorchThe company announced Monday.
OpenAI acquired Torch for approximately $60 million, according to a source familiar with the deal who asked not to be named because the details are confidential.
Torch was building a “unified medical memory” for AI that aims to bring a patient’s health data, often siled and stored across a number of different vendors and formats, into one place.
Torch employees will join OpenAI as part of the acquisition, the companies said.
“I can’t imagine a better next chapter than getting our technology and ideas into the hands of the hundreds of millions of people who use ChatGPT for their health questions every week,” Torch CEO said. Ilya Abyzov Wrote an article on X.
Abyzov previously co-founded another healthcare startup called Forward, a direct-to-consumer primary care company that delivers patient visits via technology-enabled “CarePods.” Forward suddenly closed Operations in 2024
OpenAI’s acquisition of Torch comes just days after it introduced ChatGPT Health, a new experience that allows users to connect their medical records and wellness apps to the AI chatbot.
The company is also announced A variety of enterprise-level products for healthcare organizations. Some of its early partners include large health systems such as HCA Healthcare.
In December, OpenAI hired Google’s Albert Lee to lead corporate development; This was a sign that the company would continue to seek merger and acquisition targets that could help it gain an edge over rivals like Google and Anthropic.
The company has made several acquisitions in 2025, including Jony Ive’s AI devices startup io for more than $6 billion in May.
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