Overview
- OpenAI confirmed the acquisition and said Torch’s technology, which unifies lab results, medications, and visit recordings, will be integrated into ChatGPT Health.
- Financial terms were not disclosed, with multiple reports estimating a price between $60 million and $100 million.
- Torch’s four-person founding team will join OpenAI to work on consumer and enterprise healthcare products.
- The purchase comes days after OpenAI launched ChatGPT Health and unveiled enterprise offerings for healthcare organizations, with early partners including HCA Healthcare.
- Founded in 2025, Torch set out to build a context engine that aggregates records from hospitals, labs, wearables, and consumer testing firms; CEO Ilya Abyzov previously co-founded Forward, which shut down in 2024.