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Beating AI News: Personal AI assistant Instinct is considering a $1 billion follow-on financing round. The firm just closed a $250 million funding, bringing its total raised to $350 million. Over the past few weeks, Instinct has repeatedly notified users that its services are at full capacity, leading to slower response times. The new financing round remains in the early stages and may not ultimately proceed. If the full $1 billion is secured, existing investors expect the valuation to reach at least around $10 billion, to limit dilution for old shareholders to under 10%. Currently, Instinct primarily rents servers and extensively uses open-source models. Founder Noah Shinn has also told potential investors that the company aims to eventually purchase its own chips and even operate data centers to reduce long-term computing power costs. Competition has also intensified sharply: Meta has just launched a free personal agent, Muse, which can also help users shop, book flights, and handle daily tasks. In early community comparisons, multiple testers noted that Muse is significantly faster than Instinct.

According to on-chain analyst Ai Yi (@ai_9684xtpa), Arthur Hayes has built a UNI position worth over $2.247 million at an average price of $6.94 per token. Three hours ago, he purchased an additional 39,800 UNI via Flowdesk, spending roughly 273,000 USDC. His current holding of 323,901 UNI is sitting on a total unrealized loss of $286,000.

US President Donald Trump said in a program broadcast on Fox News on local time September 10 that although the war on Iran could impact the upcoming U.S. midterm elections, he has no regrets about launching it. Trump stated he "does not subscribe to the word 'regret'", adding that "if he had to do it over, he would act exactly the same way". He also refuted speculation that some of his supporters are "dissatisfied and demoralized over the war", noting: "I don't think they're demoralized. I think they're very proud because I prevented Iran from obtaining nuclear weapons." Trump further reiterated that the war will end immediately after the midterm elections.

According to on-chain analyst Ai Yi (@ai_9684xtpa), a smart money address that chased the rally of VVV is suspected of taking profits on 81,250 tokens, with an estimated gain of $588,000. The address previously acquired 181,250 VVV tokens at an average price of $16.69. Nine hours ago, it transferred 44.8% of its holdings to Coinbase; the remaining portion still holds an unrealized profit of $747,000, bringing its total gains to $1.335 million.

The U.S. Department of Labor will release August U.S. CPI data at 20:30 Beijing time tonight. The data includes August unadjusted CPI year-on-year (previous value: 3.40%, forecast: 3.40%), seasonally adjusted CPI month-on-month (previous value: 0.4%, forecast: 0.1%), as well as August seasonally adjusted core CPI month-on-month and unadjusted core CPI month-on-month figures, which may spark market volatility.

According to monitoring by crypto on-chain analytics platform Ember, a whale’s $70 million BTC long position is only $400 away from its liquidation price. The whale opened a long position of 911.5 BTC at $77,733 last night, with the position’s liquidation price standing at $76,308.