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OpenAI Torch Acquisition Adds Healthcare Startup to Fold

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OpenAI has acquired health-care technology startup Torch for about $60 million, according to a source familiar with the transaction.The financial details of the OpenAI Torch acquisition were not disclosed publicly.

Torch was developing what it described as a โ€œunified medical memoryโ€ for artificial intelligence. The platform was designed to bring together patient health data that is often fragmented across multiple vendors, systems, and formats. As part of the deal, Torch employees will join OpenAI.

โ€œI canโ€™t imagine a better next chapter than to now get to put our technology and ideas in the hands of the hundreds of millions of people who already use ChatGPT for health questions every week,โ€ Torch CEO Ilya Abyzov wrote in a post on X.

Abyzov previously co-founded Forward, a direct-to-consumer primary care company that used technology-enabled โ€œCarePodsโ€ for patient visits. Forward shut down operations in 2024.

The OpenAI Torch acquisition follows the companyโ€™s recent launch of ChatGPT Health, which allows users to connect medical records and wellness apps directly to the chatbot. OpenAI has also introduced new enterprise-focused products for health-care organizations, with early partners including large health systems such as HCA Healthcare.

In December, OpenAI hired Albert Lee from Google to lead corporate development, signaling a stronger focus on mergers and acquisitions as competition increases with companies such as Google and Anthropic.

OpenAI has completed several acquisitions in 2025, including the agreement to acquire Jony Iveโ€™s AI devices startup io for more than $6 billion.

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