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Sunday

  10. Story3 reports · 1 facts

    Instinct completes a $1 billion Series C funding round at a $10 billion valuation

    AI assistant startup Instinct has completed a $1 billion Series C funding round, with investors including Sequoia Capital, Benchmark Capital and Coatue, valuing the company at $10 billion. TechCrunch AI reported on September 28, 2026 that this comes just one month after its previous funding round at a $2.5 billion valuation, and that the company's invite-only service only launched in August 2026. The report said that Instinct completes tasks for users through its own phone numbers and computers, and recently launched a concierge feature that can make calls on users' behalf, as well as a trusted person network that lets different users' agents coordinate plans with each other; it has not yet launched a mobile app, nor disclosed user data, and faces competition from Meta's AI assistant Muse. Huxiu reported on October 3 that founder Noah Shinn is 23 years old, dropped out of undergraduate studies, published the Agent paper Reflexion as first author at NeurIPS, and later joined Sierra as a research scientist; the report also said the company has only 14 full-time employees, users spend an average of more than $1,300 per month through Instinct, but its excessive requests for permissions have sparked privacy controversy.

    rusted person network that lets different users' agents coordinate plans with each other; it has not yet launched a mobile app, nor disclosed user data, and faces competition from Meta's AI assistant Muse. Huxiu reported on October 3 that founder Noah Shinn is 23 years old, dropped out of undergraduate studies, published the Agent paper Reflexion as first author at NeurIPS, and later joined Sierra as a research scientist; the report also said the company has only 14 full-time employees, users sp

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Thursday

  1. Story2 reports · 1 facts

    Firmus cancels IPO plans due to market volatility

    On October 9, 2026, Nvidia-backed data center company Firmus withdrew its listing plan, which had originally been expected to value the company at over $30 billion, citing recent market volatility and current market conditions. According to BBC Technology, institutions such as Australian pension fund UniSuper abandoned participation in the IPO due to valuation concerns, and Firmus said it will turn to private market financing. The company operates liquid-cooled data centers in Australia, Singapore, and other locations, with clients including OpenAI and Meta. There are currently no subsequent developments.

    n expected to value the company at over $30 billion, citing recent market volatility and current market conditions. According to BBC Technology, institutions such as Australian pension fund UniSuper abandoned participation in the IPO due to valuation concerns, and Firmus said it will turn to private market financing. The company operates liquid-cooled data centers in Australia, Singapore, and other locations, with clients including OpenAI and Meta. There are currently no subsequent developments.

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