An AI agent that can act as your personal assistant is generating a lot of buzz—and investor interest.

Instinct promises to handle tasks like reading and answering texts and emails, or even booking a flight. It has raised at least three rounds in the last few months, and is now worth over $2.5 billion. And the AI agent isn’t even available to the public yet: VC insiders must invite you to download it.

Still, its level of access to personal data has sparked concerns—Instinct’s terms of use allow for “perpetual and irrevocable” storage of user data, which could be used to train its AI models, TechCrunch reported.

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Meta agreed to pay up to $18 billion to settle a landmark lawsuit brought by 29 states over teen social media addiction, though the tech giant denied any wrongdoing.

The FDA approved a new pancreatic cancer medication that has been shown to double patient survival time, one of the few treatment options for the fourth-leading cause of cancer deaths in the U.S.

Nvidia beat Wall Street’s expectations for its second-quarter revenue and forecasted $108 billion in revenue for the current quarter, a critical signal for investors weighing the AI spending boom’s trajectory. The company’s data center business rose 92% from the year prior as it has become a key player in the global AI infrastructure buildout.

MORE: Nvidia’s stock price soared in premarket trading early Thursday after the company’s revenue forecast appeared to ease market anxiety about a potential slowdown in AI infrastructure demand.

The Federal Reserve’s preferred measure........

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