OpenAI acquires health-care technology startup Torch

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…

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Alphabet hits $4 trillion market capitalization 

Google CEO Sundar Pichai gestures to the crowd during Google’s annual I/O developers conference in Mountain View, California on May 20, 2025. Camille Cohen | Afp | Getty Images Google parent company Alphabet has become the fourth member of the $4 trillion club. Alphabet shares popped 1% Monday, after Apple said it would use Google’s…

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Amazon plans first big-box retail store in Chicago suburb

An Amazon warehouse in Warrington, England. Nathan Stirk | Getty Images Amazon has submitted plans for a large-format store near Chicago that would be larger than a Walmart Supercenter, marking the latest experiment with physical retail for the tech company. As part of the plans, Amazon has proposed building a one-story, 229,000-square-foot building in Orland…

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