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Lucid Motors doesn’t know how many EVs it will build this year

Lucid Motors pulled its guidance for the year, as it navigates swelling inventory and a companywide cost-cutting measure.

techcrunch May 05, 2026 Read more →

As crypto cools, a16z crypto raises a $2.2B fund

As some of the biggest VCs in crypto start to consider funding AI startups, a16z crypto's new fund will stay the course.

techcrunch May 05, 2026 Read more →

Apple plans to make iOS 27 a Choose Your Own Adventure of AI models

With Apple's latest operating system updates, users will reportedly have their pick of which third-party AI models they want to use for a host of tasks.

techcrunch May 05, 2026 Read more →

ASML CEO Christophe Fouquet on his company’s monopoly: no one is coming for us

Christophe Fouquet, who became ASML's CEO in 2024 after more than a decade at the company, sat down with this editor on the rooftop deck of his Beverly Hills hotel Tuesday morning ahead of his appeara

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Volkswagen becomes Rivian’s top shareholder, displacing Amazon

VW Group's stake will continue to grow under the $5.8 billion joint venture with Rivian.

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Threads finally brings messaging to the web

By bringing messaging to the web, Threads is aligning its desktop experience more closely with competitors like X and Bluesky.

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Airbnb co-founder taps Peter Arnell as first US chief brand architect

Arnell joins Gebbia’s National Design Studio under Trump to unify UX across 27,000 federal sites and streamline how Americans use government services.

techcrunch May 05, 2026 Read more →

Pennsylvania sues Character.AI after a chatbot allegedly posed as a doctor

According to Pennsylvania's filing, a Character.AI chatbot presented itself as a licensed psychiatrist during a state investigation, and also fabricated a serial number for its state medical license.

techcrunch May 05, 2026 Read more →

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.

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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.

techcrunch May 05, 2026 Read more →

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.

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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.

techcrunch May 05, 2026 Read more →

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.

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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.

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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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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.

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India’s first GenAI unicorn shifts to cloud services as AI model ambitions face reality

Krutrim's pivot to cloud after layoffs and limited product updates reflects the economic challenges of building AI models in India.

techcrunch May 05, 2026 Read more →

Amazon bets Nobel Prize-based dehumidification can cut its energy use

Amazon will buy a new type of HVAC system for its commercial buildings to slash energy use.

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Coinbase to lay off 14% of staff as part of broader restructuring

The restructuring is aimed at addressing market volatility and increasing the use of AI tools to improve efficiency.

techcrunch May 05, 2026 Read more →

Moment Energy raises $40M to meet ‘infinite demand for power’ with EV batteries

The startup has put a spin on repurposing EV batteries, CEO Edward Chiang told TechCrunch.

techcrunch May 05, 2026 Read more →
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