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Microsoft Foundry began rolling out OpenAI's newest chat model on May 5, 2026, surfacing it under the product name GPT-chat-latest (also referred to as GPT-5.5 Instant or Chat-latest in the API). The model is built on the GPT-5.4 and GPT-5.3-chat lineage and is positioned by Microsoft for multi-turn assistants, agentic The Foundry post highlights concrete capability gains versus GPT-5.3-chat, including a claimed 52.5% reduction in hallucinations and a 37.3% reduction in hallucinated claims on conversations previously flagged for factual errors. Benchmark lifts attributed to OpenAI's testing include CharXiv-reasoning rising from 75.0