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AI agent firm Instinct raises $1 billion in funding round

Original: AI agent firm Instinct raises $1 billion in latest funding round

Instinct, a startup building AI agents, has raised $1 billion in its latest funding round, according to Reuters. The large round underscores continued heavy investor interest in companies developing autonomous AI agents, one of the fastest-growing areas of the artificial intelligence sector. Further details about the investors or the company's valuation were not immediately provided.

Why now: Investors and the tech industry are closely tracking large funding rounds for AI agent startups amid the ongoing AI investment boom.

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