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Saved February 14, 2026
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OpenAI has acquired Torch, a startup focused on creating a unified medical memory for AI, for about $60 million. The deal aims to centralize patient health data, which is often fragmented across various systems. Torch's CEO, Ilya Abyzov, expressed excitement about integrating their technology with OpenAI's existing health tools.
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OpenAI has acquired the health-tech startup Torch for approximately $60 million. Torch was developing a "unified medical memory," which aims to consolidate patient health data from various sources into a single, accessible format. Following the acquisition, Torch's employees will become part of OpenAI. CEO Ilya Abyzov expressed excitement about integrating their technology with the millions who use ChatGPT for health-related inquiries.
This acquisition follows the recent launch of ChatGPT Health, which allows users to link their medical records and wellness apps to the chatbot. OpenAI is also rolling out enterprise-grade products tailored for healthcare organizations, partnering with sizable health systems like HCA Healthcare. The acquisition reflects OpenAI's strategy to enhance its offerings in the healthcare sector, especially following its hiring of Albert Lee from Google to lead corporate development, signaling further mergers and acquisitions on the horizon. In 2025 alone, OpenAI made multiple acquisitions, including the $6 billion purchase of Jony Ive's AI devices startup, io.
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