AI App Instinct Raising $1B at a $10B Valuation, Topping Snapchat's Peak
ivan_bezdomny · x · 2026-09-11
Instinct is reportedly raising $1B at a potential $10B valuation — above Snapchat's $9.3B peak. It has raised $350M to date, mostly builds on open-source models, wants to own its chips and data centers, and refuses to charge users despite high compute costs.
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