Everyday personal AI assistant startup Instinct raises $1B at $10B valuation

AI startup Instinct raised $1 billion in Series C funding, bringing its valuation to $10 billion and quadrupling its worth in one month. The round included Sequoia Capital, Benchmark Capital, and Coatue. This follows a previous $250 million raise co-led by Index Ventures. Instinct develops an artificial intelligence assistant for everyday users. The company's rapid growth highlights significant investor interest in personal AI assistants, as evidenced by the colossal funding and the surge in valuation.