May 01, 2026

TechCrunch Top 3

Elon Musk testifies that xAI trained Grok on OpenAI models: "Distillation" is a hot topic as frontier labs try to prevent smaller competitors from copying their models. Read More

Y Combinator alum Skio sells for $105M cash, only raised $8M, founder says: Subscription billing fintech Skio sold to its competitor Recharge in what was a healthy exit, according to its founder and former CEO. Read More

After dissing Anthropic for limiting Mythos, OpenAI restricts access to Cyber, too: OpenAI will begin rolling out its cybersecurity testing tool, GPT-5.5 Cyber only "to critical cyber defenders" at first. Read More

Disrupt 2026: Where deals and ideas ignite

Oct 13–15 at San Francisco's Moscone West, 10,000 founders, investors, and operators gather for high-signal insights, curated connections, and real momentum.

Morning Must-Reads

Hackers are actively exploiting a bug in cPanel, used by millions of websites: Web hosts are scrambling to fix the bug under active attack by hackers. One company said hackers have been abusing the bug for months. Read More

Sources: Anthropic potential $900B+ valuation round could happen within 2 weeks: Anthropic is asking investors to submit allocations for the AI company’s latest fundraise within the next 48 hours, according to sources familiar with the matter. Read More

Apple was surprised by AI-driven demand for Macs: Apple said it will be supply-constrained on Mac mini, Studio, and Neo in the next quarter, too. Read More

People are finally using Reddit's search: The company saw a 30% year-on-year jump in the number of people using search every week, CEO Steve Huffman said on Thursday. Read More

Legal AI startup Legora hits $5.6B valuation and its battle with Harvey just got hotter: The two wildly fast-growing rivals have raised massive sums, pushed into each other's home turf, and now have dueling ad campaigns. Read More

Last but Not Least

ChatGPT Images 2.0 is a hit in India, but not a big winner elsewhere, yet: Users in India are embracing ChatGPT Images 2.0 for creative, personal visuals — from avatars to cinematic portraits. Read More

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