Instinct, a four-month-old startup that develops an AI assistant capable of connecting to users' applications and performing tasks on their behalf, is raising a Series B funding round at a $2.5 billion valuation. The round is led by Index Ventures and Benchmark, according to a person with direct knowledge of the matter. The funding round is expected to close within the next couple of weeks. This rapid valuation growth underscores the high investor interest in AI-powered productivity tools.
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