Welcome to the forefront of conversational AI as we explore the fascinating world of AI chatbots in our dedicated blog series. Discover the latest advancements, applications, and strategies that propel the evolution of chatbot technology. From enhancing customer interactions to streamlining business processes, these articles delve into the innovative ways artificial intelligence is shaping the landscape of automated conversational agents. Whether you’re a business owner, developer, or simply intrigued by the future of interactive technology, join us on this journey to unravel the transformative power and endless possibilities of AI chatbots.
The acquisition comes shortly after OpenAI’s launch of chatbot product ChatGPT Health.
Torch, an AI-powered healthtech company, is the latest addition to OpenAI’s list of acquisitions. The company’s solution was designed to unify disparate health data and provide a contextual engine that enabled AI to assist clinicians. Adding its technology to OpenAI’s stack will help Torch scale significantly.
OpenAI bought Torch for $60 million, according to reporting by CNBC, and the entirety of Torch’s staff will join the ranks of OpenAI. The deal follows less than a week after the AI giant’s release of ChatGPT Health. This chatbot offering is intended to support clinical care, enabling users to connect their medical records and wellness apps to better understand and manage their health.
This is the most recent development in OpenAI’s string of healthcare-related business moves. Working alongside enterprise partners like HCA Healthcare, AdventHealth and others, the company recently launched several products geared toward helping healthcare organizations like these deliver more consistent care. These tools include ChatGPT for Healthcare, which supports evidence-based reasoning, and the OpenAI API, which teams can use to build HIPAA-compliant healthcare applications.
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