AI Business & Funding

San Francisco startup Instinct announced a $1 billion Series C at a $10 billion valuation for a personal AI agent that finishes tasks instead of just answering questions.

OpenAI completed a $7B employee share buyback on August 10 at its $852B valuation — self-funded, with no outside investors, and no valuation bump.

OpenAI discontinued ChatGPT Atlas on August 9, 2026, folding its agentic browsing features into the ChatGPT app and a Chrome extension instead.