Instinct Agent Sees Over 50% Travel Transactions
Instinct founder Noah Shinn revealed that more than half of transactions on the invite-only AI agent platform are travel-related, with the platform approaching a billion dollars in annual transactions and growing 10% daily. Shinn argued Instinct offers a better experience than traditional travel agencies by handling urgent, conversational requests. He also outlined ambitions to reinvent restaurant reservations by prioritizing special occasions, drawing criticism that agents could fabricate events to secure bookings. Instinct recently raised $1 billion in Series C funding at a $10 billion valuation from Sequoia Capital, Benchmark Capital, and Coatue.
