OpenAI acquires healthcare technology startup Torch

OpenAI has acquired healthcare technology startup Torch, the 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 that aimed to bring together a patient’s health data, which is typically siled and stored across a number of different vendors and formats, in 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 for health questions every week,” 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.” Forward, operations abruptly closed in 2024.

OpenAI’s acquisition of Torch comes just days after the unveiling of ChatGPT Health, a new experience that allows users to connect their medical records and wellness apps to the AI ​​chatbot.

The company also announced several professional-grade products aimed at healthcare organizations. Some of its initial partners include large health systems like HCA Healthcare.

In December, OpenAI hired Google’s Albert Lee to lead the company’s development, a sign that the company will continue to pursue M&A targets that can help it gain an edge over rivals like Google and Anthropic.

The company has made several acquisitions in 2025, including Jony Ive’s startup io for more than $6 billion in May.

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