OpenAI has recently made headlines with its acquisition of health record startup Torch. While the official financial details of the deal remain under wraps, insiders privy to the matter have revealed to The Information that the equity - based acquisition consideration hovers around the $100 million mark. Currently, Torch operates with a lean team of just four employees, all of whom will be seamlessly integrated into OpenAI's workforce. Both OpenAI and Torch have taken to their official websites and social media channels to confirm this significant development. The Torch app stands out for its ability to consolidate and analyze health data from a multitude of sources. What's more, a portion of its product leverages OpenAI's models to craft personalized medical advice tailored to individual users. This strategic acquisition could potentially pave the way for OpenAI to introduce a personalized health assistant feature within ChatGPT, marking a significant foray into the personal healthcare AI market.
