Smartphone Maker Nothing Raises $200 Million to Build AI Devices
Nothing, a young smartphone company, has raised $200 million to expand its focus into AI-powered devices. Founded only five years ago, the company aims to create a new generation of AI-native products. The funding round was led by investors including EQT Ventures, C Ventures, and GV (formerly Google Ventures). Nothing plans to use the investment to accelerate its research and development efforts, as well as to build a team of AI experts. The company's founder, Carl Pei, previously co-founded OnePlus, another successful smartphone brand. With this new capital, Nothing hopes to differentiate itself in the competitive tech market by integrating AI capabilities into its future devices. The company's goal is to develop products that seamlessly integrate with users' digital lives, leveraging the power of artificial intelligence to enhance the user experience.
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