OpenAI has agreed to acquire Torch, a one-year-old artificial intelligence healthcare application, for about $100 million in equity, according to people familiar with the matter.
Torch is a consumer-facing AI health application that helps users aggregate and analyze personal health data from multiple sources, including healthcare providers such as Kaiser Permanente, medical imaging companies such as Prenuvo, and fitness and activity platforms such as Apple Health.
The acquisition is expected to support OpenAI’s plans to expand into personalized health services, including the potential launch of a personalized health assistant within its ChatGPT platform.
Torch said its product uses OpenAI’s AI models to generate personalized health insights and recommendations based on users’ medical and lifestyle data. The company did not disclose how many users the app currently has. The service is currently available only to a limited, private group of users and has not yet been publicly launched.
By acquiring Torch, OpenAI may gain both a product foundation and regulatory and technical experience in handling sensitive health data, a sector that has seen growing interest from major technology companies seeking to combine generative AI with healthcare services.
OpenAI has not publicly commented on the transaction, and the deal has not yet been formally announced. It is also unclear whether the acquisition is subject to regulatory approvals or other closing conditions.
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