OpenAI announced it has acquired a tiny startup known as Torch for an undisclosed sum. An unnamed supply informed The Information that OpenAI paid $100 million value of fairness for the startup. Torch’s four-person staff is becoming a member of OpenAI, each firms said.
Torch was engaged on an app that mixed all of an individual’s medical info for AI use from a spread of sources akin to physician visits, lab checks, wearables, and different portals, together with shopper wellness checks and the like. The Torch staff known as their tech “a medical reminiscence for AI, unifying scattered information right into a context engine.”
The Torch staff met after they labored at Ahead Well being, Torch co-founder Ilya Abyzov said in a post on X. Ahead was identified for its AI-powered doctors’ offices. It abruptly shut down in late 2024 after elevating over $400 million.
This acqui-hire means a unique destiny. The staff and its tech might be a part of OpenAI’s newly announced ChatGPT Health, a service for folks utilizing the chatbot to investigate and handle their well being.
