Overview
- Instinct completed a $1 billion financing round that values the startup at $10 billion post‑money.
- The round included participation from Sequoia, Benchmark and Coatue.
- Instinct is building a personal AI agent designed to autonomously perform everyday tasks for users.
- The company says it will introduce a concierge service to let its agents interact with the real world, such as calling merchants to make reservations on a user’s behalf.
- Investors see the raise as part of a wider bet that autonomous AI agents can automate routine work and change how consumers and service providers interact.