OpenAI bets on health AI by acquiring Torch for about $100 million
TL;DR
OpenAI has agreed to acquire Torch, a one-year-old AI healthcare app, for about $100 million in equity (roughly $60 million upfront with the rest in stock to retain employees), a move that extends OpenAI’s reach into health-data analysis from providers like Kaiser Permanente to apps like Apple Health and firms such as Prenuvo.
- OpenAI Agrees to Buy AI Healthcare App For About $100 Million The Information
- Introducing ChatGPT Health OpenAI
- OpenAI acquires health-care technology startup Torch for $60 million, source says CNBC
- OpenAI launches ChatGPT Health to review your medical records BBC
- What does Epic’s Chief Medical Officer Think About ChatGPT Health? MedCity News
Want the full story? Read the original reporting
Read on The Information