[AI Assistant Startup Instinct Completes $1 Billion Series C Funding, Valuation Reaches $10 Billion] According to TechCrunch, AI assistant startup Instinct has completed a $1 billion Series C funding round, with investors including Sequoia Capital, Benchmark Capital, and Coatue, bringing its valuation to $10 billion. This comes just one month after the company announced it had completed funding at a $2.5 billion valuation. Instinct is a new type of consumer-grade AI agent that not only answers questions and engages in conversations but also performs practical tasks for users, such as booking travel and restaurants, shopping, paying bills, canceling subscriptions, conducting research, and ordering groceries. Instinct communicates with users via text messages, currently has no mobile app, and has not disclosed user data or growth metrics.