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OpenAI releases GPT-5.5 Instant, a new default model for ChatGPT Source: https://techcrunch.com/2026/05/05/openai-releases-gpt-5-5-instant-a-new-default-model-for-chatgpt/

PayPal says it’s ‘becoming a technology company again.’ That means AI. Source: https://techcrunch.com/2026/05/05/paypal-says-its-becoming-a-technology-company-again-that-means-ai/

Etsy launches its app within ChatGPT as it continues its AI push Source: https://techcrunch.com/2026/05/05/etsy-launches-its-app-within-chatgpt-as-it-continues-its-ai-push/

Kaspersky suspects Chinese hackers planted a backdoor into Daemon Tools in ‘widespread’ attack Source: https://techcrunch.com/2026/05/05/kaspersky-suspects-chinese-hackers-planted-a-backdoor-into-daemon-tools-in-widespread-attack/

Hackers steal students’ data during breach at education tech giant Instructure Source: https://techcrunch.com/2026/05/05/hackers-steal-students-data-during-breach-at-education-tech-giant-instructure/

Meta will use AI to analyze height and bone structure to identify if users are underage Source: https://techcrunch.com/2026/05/05/meta-will-use-ai-to-analyze-height-and-bone-structure-to-identify-if-users-are-underage/

ElevenLabs lists BlackRock, Jamie Foxx and Longoria as new investors Source: https://techcrunch.com/2026/05/05/elevenlabs-lists-blackrock-jamie-foxx-and-longoria-as-new-investors/

CopilotKit raises $27M to help devs deploy app-native AI agents Source: https://techcrunch.com/2026/05/05/copilotkit-raises-27m-to-help-devs-deploy-app-native-ai-agents/

4 days left: Get 50% off a second TechCrunch Disrupt 2026 pass to make more deals faster Source: https://techcrunch.com/2026/05/05/4-days-left-get-50-off-a-second-techcrunch-disrupt-2026-pass-to-make-more-deals-faster/

India’s first GenAI unicorn shifts to cloud services as AI model ambitions face reality Source: https://techcrunch.com/2026/05/05/indias-first-genai-unicorn-shifts-to-cloud-services-as-ai-model-ambitions-face-reality/

Amazon bets Nobel Prize-based dehumidification can cut its energy use Source: https://techcrunch.com/2026/05/05/amazon-bets-nobel-prize-based-dehumidification-can-cut-its-energy-use/

Coinbase to lay off 14% of staff as part of broader restructuring Source: https://techcrunch.com/2026/05/05/coinbase-to-lay-off-14-of-staff-as-part-of-broader-restructuring/

Moment Energy raises $40M to meet ‘infinite demand for power’ with EV batteries Source: https://techcrunch.com/2026/05/05/moment-energy-raises-40m-to-meet-infinite-demand-for-power-with-ev-batteries/

As workers worry about AI, Nvidia’s Jensen Huang says AI is ‘creating an enormous number of jobs’ Source: https://techcrunch.com/2026/05/04/as-workers-worry-about-ai-nvidias-jensen-huang-says-ai-is-creating-an-enormous-number-of-jobs/

Geothermal startup Fervo Energy to raise up to $1.3B in IPO Source: https://techcrunch.com/2026/05/04/geothermal-startup-fervo-energy-to-raise-up-to-1-3b-in-ipo/

U.S. government warns of severe CopyFail bug affecting major versions of Linux Source: https://techcrunch.com/2026/05/04/u-s-government-warns-of-severe-copyfail-bug-affecting-major-versions-of-linux/

OpenAI’s cozy partner Cerebras is on track for a blockbuster IPO Source: https://techcrunch.com/2026/05/04/openais-cozy-partner-cerebras-is-on-track-for-a-blockbuster-ipo/

Elon Musk’s only expert witness at the OpenAI trial fears an AGI arms race Source: https://techcrunch.com/2026/05/04/elon-musks-only-expert-witness-at-the-openai-trial-fears-an-agi-arms-race/

Sierra raises $950M as the race to own enterprise AI gets serious Source: https://techcrunch.com/2026/05/04/sierra-raises-950m-as-the-race-to-own-enterprise-ai-gets-serious/

Elon Musk sent ominous texts to Greg Brockman, Sam Altman after asking for a settlement, OpenAI claims Source: https://techcrunch.com/2026/05/04/elon-musk-sent-ominous-texts-to-greg-brockman-sam-altman-after-asking-for-a-settlement-openai-claims/