OpenAI has acquired a small startup named Torch for an undisclosed amount. A source told The Information that the deal included $100 million in equity for the startup. The four-person team from Torch is now joining OpenAI, as confirmed by both companies.
Torch was developing an app designed to consolidate a person’s medical information from various sources, including doctor visits, lab tests, wearables, and other platforms like consumer wellness tests. The team referred to their technology as “a medical memory for AI,” aiming to unify scattered records into a contextual engine.
The Torch team initially connected while working at Forward Health, as noted by co-founder Ilya Abyzov in a post on X. Forward was recognized for its AI-driven doctors’ offices but unexpectedly shut down in late 2024 after securing over $400 million in funding.
This acquisition brings a new opportunity for the team, as their technology will be integrated into OpenAI’s recently announced ChatGPT Health—a service aimed at helping users analyze and manage their health through the chatbot.
