Sheel Mohnot@pitdesiSep 10

Instinct looking to raise $1B, potentially at a $10B valuation. Compute costs are high and Noah doesn’t want to charge users for the product. Instinct has raised $350M to date, mostly uses open source models and wants to own chips and data centers https://www.theinformation.com/articles/personal-ai-app-instinct-faces-compute-crunch-lead-new-funding?rc=vw7lcs&shared=6aaaf03b4c2031c0