TLDR newsletter says the AI assistant startup is now worth four times what it was a month ago.
TLDR newsletter reports that Instinct raised $1 billion at a $10 billion valuation, four times its valuation a month earlier.
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In a conversation with founder Noah Shinn, the interviewer says Instinct has spent nothing on marketing. They also discuss why the personal AI assistant has no app and how users learn to trust it with a credit card.
DealBook says the round came almost exactly a month after Instinct raised $250 million at a $2.5 billion valuation.
