OpenAI acquires Torch to build a "medical memory for AI"
OpenAI is buying health app Torch for around 100 million dollars. The deal includes 60 million upfront and the rest in retention shares, The Information reports. Torch unifies scattered health records into what the founders call a "medical memory for AI", "a context engine that helps you see the full picture, connect the dots, and make sure nothing important gets lost." The app runs on OpenAI models. All four employees, including CEO Ilya Abyzov, are joining OpenAI.
The deal signals OpenAI's push toward a personalized health assistant in ChatGPT. Last week, the company launched a ChatGPT Health section and an offering for healthcare companies. Anthropic recently added health features to Claude as well. The moves reflect a shared bet on a massive market: hundreds of millions of weekly chatbot conversations already focus on health.
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