
Instinct, an invite-only AI agent startup, is reportedly in advanced talks to raise $1 billion at a $10 billion valuation, according to The Information. The company differentiates itself by operating entirely within messaging apps like iMessage and WhatsApp, aiming to automate personal tasks such as restaurant reservations and flight rebooking. Despite reports of successful automation, users have flagged serious issues including security vulnerabilities, excessive API calls leading to bans, and unclear data retention policies. The funding round underscores intense investor interest in consumer-facing AI agents, even as the technology struggles with reliability and trust.
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Instinct AI raises $1B on agent hype
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