AI Agent Startup Instinct in Talks for $10 Billion Valuation
Valida Pau reports the startup behind personal AI assistant Instinct is in talks to raise $1 billion at a valuation of about $10 billion, per a person with knowledge of the deal; Sequoia Capital and Benchmark have been in talks to lead, the person added. Caveat: Atom/feed excerpt only (full exclusive not in Gmail this run). TI previously reported a compute-capacity crunch and fundraising intent; users have grown to more than 100,000 as the invitation-only agent became more widely available, according to the same person.
Why it matters
Named lead-investor talks (Sequoia, Benchmark) plus $1B / ~$10B terms to update Instinct’s funding round and competitive personal-agent positioning vs Meta.
Read the full article: The Information