CNBC January 12, 2026
Ashley Capoot

Key Points

– OpenAI has acquired the health-care technology startup Torch.

– Torch was building a “unified medical memory” for AI that aimed to bring a patient’s health data into one place.

– OpenAI and Torch did not disclose the terms of the acquisition.

OpenAI has acquired the health-care technology startup Torch, the company announced on Monday.

OpenAI purchased Torch for roughly $60 million, according to a source familiar with the deal who asked not to be named because the details are confidential.

Torch was building a “unified medical memory” for artificial intelligence that aimed to bring a patient’s health data, which is typically siloed and stored across a number of different vendors and formats, into one place.

Torch’s employees...

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Topics: AI (Artificial Intelligence), Mergers & Acquisitions / JV, Technology, Trends
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