All NewsEducationTVBrokers
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
All NewsHome
← Back to AI & Technology

AI assistant books travel, orders groceries, and handles customer service

Created at 8 Sep · 6:26 PM1 source↑ Market-relevant
IN SHORT

Instinct, an invitation-only AI assistant, is gaining traction in Silicon Valley for its ability to perform various tasks, from booking travel and ordering groceries to handling customer service inquiries and managing subscriptions. The AI is reportedly raising $250 million at a $2.5 billion valuation.

Key Numbers

$250 millionfunding round
$2.5 billionvaluation
23-year-oldfounder's age

Who's Involved

Instinct
invitation-only AI assistant
Noah Shinn
founder of Instinct
Sierra
AI company where founder previously worked
AI assistant books travel, orders groceries, and handles customer service

↳ Why This Matters

The rise of AI assistants like Instinct signifies a shift towards AI that actively performs tasks, potentially reshaping how individuals manage their daily lives and interact with digital services, while also raising important questions about data privacy and the future of personal assistance.

Key facts

  • Instinct, an AI assistant, can book travel, order groceries, handle customer service, and manage subscriptions.
  • The AI assistant is text-message based and requires access to user accounts like email and calendar.
  • Instinct is reportedly raising $250 million at a $2.5 billion valuation.
  • The founder, Noah Shinn, is a 23-year-old dropout and former employee of AI company Sierra.
  • The service's terms of service allow it to train models on user data.
  • Instinct, an invitation-only AI assistant, is gaining attention for its ability to perform a wide range of tasks directly through text messages, eliminating the need for complex setup. The AI has been used to book travel accommodations, order consumer goods like whey protein from Costco, handle administrative tasks such as faxing documents for fee refunds, and manage appointments with healthcare providers and insurance companies. It can also cancel forgotten subscriptions and respond to emails.

    The service operates by integrating with users' digital lives, requiring access to email, calendars, and other login-dependent accounts to maximize its utility. This deep integration, however, comes with privacy considerations, as Instinct's terms of service permit the training of its models on user data.

    Instinct is reportedly seeking to raise $250 million in funding at a valuation of $2.5 billion. The company was founded by Noah Shinn, a 23-year-old who previously worked at AI company Sierra. This development aligns with a broader industry trend towards 'agentic AI,' where artificial intelligence is designed to take action on behalf of users rather than merely providing instructions.

    Frequently asked questions

    Instinct is an invitation-only AI assistant that operates through text messages, designed to perform various tasks for users.

    Instinct can book travel and dinner reservations, order products, fax documents, make appointments, deal with customer service, and cancel subscriptions.

    Instinct requires access to personal accounts and its terms of service allow it to train its models on user data.

    Instinct is reportedly seeking to raise $250 million at a $2.5 billion valuation.

    What Happens Next

    01Instinct is reportedly in the process of raising $250 million.
    02Users are invited to sign up for the service.
    CME Headlines
    • Risk Management and Monitoring Notice: Multi-Factor Authentication Updates - September 12
      3 Sep · 5:00 AM

    How It Developed

    Instinct, an AI assistant, has been used to book a cabin for a birthday and make a dinner reservation.
    The AI assistant ordered whey protein from Costco.
    Instinct faxed a document to a bank for a late-fee refund.
    The AI checked a dentist's in-network status and made an appointment.
    Instinct communicated with an insurance company's customer service.
    The AI canceled recurring subscriptions.
    Instinct responded to emails.
    Instinct is reportedly raising $250 million at a $2.5 billion valuation.

    Sources

    T1
    This AI assistant bought me whey protein and booked a cabin for my birthdayBusiness Insider

    Related Stories

    AI enhances supply chain speed and resilience
    8 Sep · 1:21 PM
    Apple's Ternus faces AI test with new foldable iPhone and Siri overhaul
    8 Sep · 10:10 AM
    Filmmaker Alex Gibney uses AI avatar to critique Elon Musk in new documentary
    8 Sep · 1:11 PM
    Google's AI weather model integrates more satellite data
    8 Sep · 6:06 PM
    UK Firms Cut Consulting Spend Amid Rising AI Adoption
    8 Sep · 7:51 AM