OpenAI buys tiny health records startup Torch for, reportedly, $100M
4 months ago
- #acquisition
- #health-tech
- #OpenAI
- OpenAI acquired Torch, a small startup, for an undisclosed sum (reportedly $100M in equity).
- Torch's four-person team is joining OpenAI.
- Torch developed an app that consolidates medical data from various sources for AI use.
- Their technology was described as a 'medical memory for AI' to unify scattered health records.
- The Torch team previously worked at Forward Health, an AI-powered doctors' office that shut down in 2024.
- The acquisition is part of OpenAI's new ChatGPT Health service for health management.