OpenAI has acquired the health technology startup Torchthe company announced Monday.
OpenAI bought Torch for about $60 million, according to a source familiar with the matter who asked not to be named because the details are confidential.
Torch was building a “unified medical memory” for artificial intelligence which aimed to consolidate a patient’s health data, which is typically siled and stored across a number of different providers 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 now being able to put our technology and ideas into the hands of the hundreds of millions of people who already use ChatGPT every week for health questions,” said Torch CEO. Ilya Abyzov wrote in an article on X.
Abyzov previously co-founded another healthcare startup called Forward, which was a direct-to-consumer primary care company that conducted patient visits via technology-enabled “CarePods.” Before abruptly closed operations in 2024.
OpenAI’s acquisition of Torch comes just days after its unveiling ChatGPT Healtha new experience that allows users to connect their medical records and wellness apps to the AI chatbot.
The company also announcement several enterprise-grade products for healthcare organizations. Some of its initial partners include large health systems like HCA Healthcare.
In December, OpenAI hired Google Albert Lee to lead the company’s development, a sign that the company will continue to seek out M&A targets that can help it gain an edge over competitors like Google And Anthropic.
The company has made several acquisitions in 2025, including Jony Ive’s startup io for AI devices for over 6 billion dollars in May.
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