OpenAI Acquires Health Startup Torch for Up to $100M in Healthcare Push

Summary

OpenAI acquired Torch, a healthcare technology startup building a "unified medical memory" for AI, on January 12, 2026. The deal was reported at approximately $60 million in immediate payment with up to $100 million total including equity for employee retention. Torch had been developing technology to unify patients' health data, which is typically siloed across different vendors and formats, into a single AI-accessible repository. Torch employees will join OpenAI as part of the acquisition. Th