OpenAI Acquires Medical Record Startup Torch for Reported $100M

OpenAI is betting $100 million on a tiny team of four. The AI giant has acquired Torch, a startup specializing in unifying scattered medical records, in what appears to be a massive push to dominate the healthcare AI sector.

OpenAI Acquisition of Torch and the Future of ChatGPT Health

According to The Information, OpenAI paid roughly $100 million in equity for the four-person startup. Torch's core technology creates a "medical memory for AI," merging data from doctor visits, lab tests, and wearables into a single context engine. This acquisition isn't just about talent; it's about the infrastructure for personalized health intelligence.

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The Torch team will integrate into the newly launched ChatGPT Health, a specialized service designed to help users manage their personal health data. By solving the problem of scattered records, OpenAI is making its chatbot a far more reliable health companion.

From Forward Health to OpenAI's Ecosystem

Torch's co-founder, Ilya Abyzov, previously worked at Forward Health, an AI-driven doctor’s office that raised over $400 million before abruptly shutting down in late 2024. This acqui-hire ensures that the vision for AI-integrated healthcare survives within the OpenAI ecosystem.