OpenAI has acquired Torch, a one-year-old startup focused on unifying and analyzing health records, as a foundational part of its new ChatGPT Health initiative. Reports on the acquisition price vary, with some sources citing a value of approximately $100 million, while others suggest it was closer to $60 million.
The entire Torch team will be integrated into OpenAI to help build out the recently announced ChatGPT Health service. Torch's technology is designed to create a "medical memory for AI" by aggregating data from labs, doctor visits, and medications into a single, contextual engine. This acquisition signals OpenAI's clear ambition to apply its advanced AI models to the complex and highly regulated healthcare industry.