OpenAI announced it has acquired a tiny startup known as Torch for an undisclosed sum. An unnamed sourced instructed the Information that OpenAI paid $100 million value of fairness for the startup. Torch’s four-person crew is becoming a member of OpenAI, each corporations said.
Torch was engaged on an app that mixed all of an individual’s medical info for AI use from a variety sources equivalent to physician visits, lab assessments, wearables and different portals, together with client wellness assessments and the like. The Torch crew known as their tech “a medical reminiscence for AI, unifying scattered data right into a context engine.”
The Torch crew met after they labored at Ahead Well being, Torch co-founder Ilya Abyzov said in a post on X. Ahead was recognized for its AI powered physician’s workplaces. It abruptly shut down in late 2024 after elevating over $400 million.
This acqui-hire means a distinct destiny. The crew and its tech will likely be a part of OpenAI’s newly introduced ChatGPT Well being, a service for folks utilizing the chatbot to research and handle their well being.
