Instinct reportedly in talks to raise $1 billion at about a $10 billion valuation
In a September 16 update, The Information said Instinct had been valued at $2.25 billion in a funding round less than a month earlier—a steep jump to the valuation now under discussion.
TLDR
The startup behind personal AI assistant Instinct is in talks to raise $1 billion at a valuation of about $10 billion, The Information reports, citing a person with knowledge of the deal. The publisher's September 16 update said Instinct's previous funding round valued it at $2.25 billion less than a month earlier.
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