Viral AI startup Instinct has raised $350M at a $2.5B valuation | TechCrunch

Last day to exhibit your breakthrough to 10,000+ tech leaders at Disrupt is on Oct 2. Book Exhibit Table Now. Disrupt doors open Oct. 13. Get your pass and bring someone with you at 50% off. REGISTER NOW. Instinct, a startup founded only last year and helmed by a 23-year-old, has managed to ride the wave of AI enthusiasm toward a gargantuan valuation over the course of the summer. The company, which offers an AI assistant that has inspired enthusiasm among its early users, told The Wall Street Journal on Wednesday that it had raised $250 million in a recent Series B funding round. That new round brings the company’s total funding to $350 million and gives the startup a valuation of $2.5 billion. That new funding round was co-led by Index Ventures and Benchmark, the Journal reported. Instinct, which is offered by the company Spear Street Technology and is led by founder Noah Shinn, is an agent that the company says can efficiently organize your life. Users connect it to their apps and devices and can communicate with it via texts and calls. “I’m thrilled with everything our early users are doing with Instinct,” Shinn wrote in a tweet on Wednesday. “They’ve told us they’ve planned cr

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