Source: AI assistant Instinct seeks to raise $1B at a $10B valuation, up from $2.25B less than a month ago; Sequoia and Benchmark are in talks to lead the round (Valida Pau/The Information)

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Valida Pau / The Information:
Source: AI assistant Instinct seeks to raise $1B at a $10B valuation, up from $2.25B less than a month ago; Sequoia and Benchmark are in talks to lead the round  —  The startup behind personal AI assistant Instinct is in talks to raise $1 billion at a valuation of about $10 billion, a person with knowledge of the deal said.

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