OpenAI has acquired healthcare technology startup Torch, the company announced on Monday.
OpenAI acquired Torch for about $60 million, said a person familiar with the deal, who requested anonymity because the details are confidential.
Torch was building an “unified medical memory” for artificial intelligence that aims to unify patient health data, typically siled and stored across different vendors and formats, into one place.
Torch employees will join OpenAI as part of the acquisition, the companies said.
“We can’t think of a better next chapter than putting our technology and ideas into the hands of the hundreds of millions of people who already rely on ChatGPT to ask their health questions every week,” Torch CEO Ilya Abyzov wrote in a post on X.
Abyzov previously co-founded another healthcare startup called Forward, a direct-to-consumer primary care business that delivers patient visits via technology-enabled CarePods. It is scheduled to suddenly cease operations in 2024.
OpenAI’s acquisition of Torch comes just days after it announced ChatGPT Health, a new experience that allows users to connect their medical records and wellness apps to an AI chatbot.
The company also announced several enterprise-grade products for healthcare organizations. Some of our early partners include large health systems like HCA Healthcare.
In December, OpenAI hired Google’s Albert Lee as head of corporate development, a move that suggests the company will continue to look for M&A targets that could help it gain an edge over rivals like Google and Anthropic.
The company made several acquisitions in 2025, including acquiring Jony Ive’s AI device startup io in May for more than $6 billion.
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