Silicon Valley VCs Bid $2.5B for AI Assistant Instinct Amid Rapid Valuation Surge
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Project funding news reveals that Instinct, a personal AI assistant, has reached a $2.5 billion valuation following rapid funding led by Benchmark and Index Ventures. The company is now raising an additional $250 million, bringing total funding to $350 million. Early investors such as Sarah Guo and Kleiner Perkins witnessed the valuation surge from $100 million to over $500 million within months. Still in invite-only testing, Instinct has received acclaim for handling tasks like booking flights and managing emails. Investors view it as a potential next-generation AI interface. AI and crypto news continues to underscore major shifts in the space.
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