AIThe Information1h ago
AI assistant Instinct seeks to raise $1B at a $10B valuation, up
Source: AI assistant Instinct seeks to raise $1B at a $10B valuation, up from $2.25B less than a month ago; Sequoia and Benchmark are in talks to lead the round
TL;DRAI startup Instinct seeks $1B funding at $10B valuation, quadrupling its worth in weeks.
Why it matters: Signals explosive investor appetite for consumer AI despite uncertain monetization and crowded market.
The startup behind personal AI assistant Instinct is in talks to raise $1 billion at a valuation of about $10 billion, a person with knowledge of the deal said.
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