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

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

Instinct, the developer of an artificial intelligence assistant for everyday users, today announced it has raised a colossal $1 billion in a new funding, bringing the company’s valuation to $10 billion.

Sequoia Capital, Benchmark Capital and Coatue joined the Series C round. The funding comes a month after the company said it raised $250 million, co-led by Index Ventures and Benchmark, valuing the company at $2.5 billion at the…