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.
Originally reported by TechCrunch. Read the full story at the original source.
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