OpenAI’s Torch Acquisition Adds To A Busy M&A Push — Here’s What The ChatGPT Maker Has Snapped Up Recently

The OpenAI logo displays on a smartphone screen reflecting green beams. (Photo by Samuel Boivin/NurPhoto via Getty Images)


With Torch, OpenAI has already built two deals this year.

  • OpenAI built a string of acquisitions last year, the most prominent being the acquisition of Jony Ive’s design studio.
  • The trconclude highlights OpenAI’s strategy of acquiring capabilities through inorganic expansion to sustain the pace of technological development.
  • OpenAI has built two deals already this month.

OpenAI stated on Monday that it has acquired health-tech startup Torch, reportedly for $100 million, marking its second acquisition of the year just two weeks into 2026.

Torch utilizes AI to analyze and unify medical records, assisting clinicians and patients better manage healthcare data. OpenAI is subsuming Torch’s technology and team into its ChatGPT Health division, it stated.

The ChatGPT operator has been acquiring compact and huge startups at a rapid clip (see table), often hiring their entire teams and leadership. The strategy is not unusual for large companies, which often pursue inorganic expansion to access new technologies and sustain the pace of product and capability growth.

 

Company Product & Services Deal Size Date
Windsurf (formerly Codeium) AI-assisted coding tools $3B; reported May-25
io Products (Jony Ive’s startup) AI hardware design $6B; reported May-25
Statsig Product experimentation, feature flags, analytics tools $1.1B; all-stock Sep-25
Roi Personal finance app Undisclosed Oct-25
Sky (Software Applications Incorporated) AI natural-language interface for macOS Undisclosed Oct-25
Neptune (neptune.ai)  Monitoring and de-bugging tools for AI Undisclosed Dec-25
Convogo HR tools Undisclosed Jan-26

Source: OpenAI blog, media reports

In December, OpenAI appointed Google veteran Albert Lee to head its corporate development efforts, signaling that the company intconcludes to stay active on the M&A front.

The largest deal for OpenAI recently was the May 2025 acquisition of io, the design studio founded by former Apple chief designer Jony Ive. The high-profile shift was widely covered at the time, and OpenAI soon announced plans to utilize its new resources to develop the company’s first AI gadreceive.

Few details have been officially shared about the device, but OpenAI CEO Sam Altman recently stated it would be intuitive, straightforward to utilize, and highly personalized. Later, however, a leaker stated it might not be a wearable but an AI-powered pen.

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