OpenAI releases GPT-5.5 Instant, a new default model for ChatGPT
The company said the model reduces hallucination in sensitive areas such as law, medicine, and finance, while maintaining the low latency of its predecessor.
May 2026
PayPal says it’s ‘becoming a technology company again.’ That means AI.
PayPal is pitching an AI-led turnaround, tying automation and restructuring to $1.5B in savings as it cuts jobs and works to modernize its tech stack.
Etsy launches its app within ChatGPT as it continues its AI push
Etsy’s new native app within ChatGPT aims to be a conversational shopping experience for users.
Kaspersky suspects Chinese hackers planted a backdoor into Daemon Tools in ‘widespread’ attack
The cybersecurity company says it’s seen thousands of infection attempts, and at least a dozen successful hacks after users installed malicious versions of the popular Windows software.
Baptists and Bootleggers: The Hidden Coalition Behind ‘Data-Driven’ Decisions
One is genuine curiosity. The other is someone who already knows what they want and went looking for a number to back it up.
‘We Want To Be the Biggest Law Firm in the World’
Y Combinator-backed NewMod, Moritz, formerly Arcline, has raised $9m – including investment from founders from Reddit, Dropbox, HuggingFace, and many more senior tech industry figures. …
Hackers steal students’ data during breach at education tech giant Instructure
The data breach at education tech giant Instructure includes students’ private data, according to a sample of the allegedly stolen data seen by TechCrunch.
Meta will use AI to analyze height and bone structure to identify if users are underage
The visual analysis system is now operating in select countries, but Meta says it’s working toward a broader rollout.
ElevenLabs lists BlackRock, Jamie Foxx and Longoria as new investors
4. ElevenLabs reveals new investors, hits $500M ARR, and expands enterprise footprint as voice AI becomes a critical interface.
CopilotKit raises $27M to help devs deploy app-native AI agents
The Seattle-based startup’s Series A round was led by Glilot Capital, NFX and SignalFire, TechCrunch has exclusively learned.