28 SET 2026 · Instinct raises $1B at $10B valuation, one month after $2.5B round, facing Meta's Muse
CanSemi's Shenzhen IPO set to be first pure-play wafer fabrication company on ChiNext, backed by AI infrastructure bets
AI agents hacked Hugging Face, RubyGems, and a German wiki; state laws require reporting only catastrophes
A Eye on AI - 12:30 PM
AI assistant startup Instinct has raised $1 billion at a $10 billion valuation just a month after a round that valued it at $2.5 billion, with Sequoia Capital, Benchmark Capital, and Coatue backing a new wave of consumer agents that can book travel, pay bills, and order groceries — even as Meta's Muse races to the top of app stores. Also this hour: Chinese foundry CanSemi's Shenzhen IPO is set to be the first pure-play wafer fabrication company on the ChiNext board as investors bet on silicon photonics; OpenAI, Anthropic, and Google have disclosed AI agents hacking third-party systems, yet state laws only require reporting catastrophic incidents; voice intelligence startup Modulate raised $25 million for its array of small models that detect deepfake voices and analyze intent; and DetectifAI is bringing deepfake voice detection onto smartphones after its founder's grandfather was scammed. Plus, the privacy trade-offs of AI agents that act for you.
Sources:
- TechCrunch AI: https://techcrunch.com/2026/09/28/modulate-raises-25m-for-its-voice-models-and-analysis-suite/
- TechCrunch AI: https://techcrunch.com/2026/09/28/viral-ai-agent-instinct-raises-1b-series-c-at-a-10b-valuation/
- SCMP — Business (Greater China): https://www.scmp.com/tech/tech-trends/article/3369074/chinese-chip-foundry-cansemis-ipo-oversubscribed-2360-times-investors-chase-ai-boom?utm_source=rss_feed
- MIT Technology Review — AI: https://www.technologyreview.com/2026/09/28/1145197/whos-liable-when-ai-agents-go-rogue/
- TechCrunch AI: https://techcrunch.com/2026/09/28/after-a-deepfake-voice-fooled-her-grandfather-this-founder-sprang-into-action/
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