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.

PayPal says it’s ‘becoming a technology company again’ — that means AI

PayPal is pitching an AI-led turnaround, tying automation and restructuring to $1.5 billion 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.

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 Eva Longoria as new investors

ElevenLabs reveals new investors, hits $500M ARR, and expands enterprise footprint as voice AI becomes a critical interface.

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4 days left: Get 50% off a second TechCrunch Disrupt 2026 pass to make more deals faster

For the next four days only, you can buy one pass to TechCrunch Disrupt 2026 and get 50% off a second of the same ticket type. That window closes May 8 at 11:59 p.m. PT. After that, prices go up, and you’ll pay more to bring a partner or colleague. Register today to get your plus-one pass at 50% off.

Anthropic and OpenAI are both launching joint ventures for enterprise AI services

Both Anthropic and OpenAI have partnered with asset managers to more aggressively market their enterprise AI products.