Viral AI startup Instinct has raised $350 million at a $2.5 billion valuation
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Instinct, an AI startup founded last year and led by 23-year-old Noah Shinn, has reached a $2.5 billion valuation. The company told The Wall Street Journal that it raised $250 million in a Series B round, bringing its total funding to $350 million. The round was reportedly co-led by Index Ventures and Benchmark. Offered by Spear Street Technology, Instinct is an AI agent that connects to users’ apps and devices and communicates through texts and calls to help organize their lives. Early users say they have used it for tasks including planning road trips, buying groceries and concert tickets, cancelling subscriptions, and planning a wedding. The service remains in private beta and has drawn privacy concerns over its requested permissions and potentially invasive terms of use.
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