Tech News
Nothing Raises $200M Series C to Power the Next Phase of Consumer AI
Today, we’re announcing new funding––USD $200M in our Series C round at a USD $1.3B valuation. This milestone marks the start of our next phase: From being the only independent smartphone company to emerge in the last decade, towards building an AI-native platform in which hardware and software converge into a single intelligent system.

Building the foundations for the future
When we started Nothing, we had a thesis that if we could build a smartphone business at scale and own the last-mile distribution point in consumer tech, we would be well-positioned for the next technology shift. Although we didn’t know what that would look like at the time, the opportunity is now crystal clear.
From the start, we knew that the foundation had to be an end-to-end value chain
capable of delivering products at speed, scale, and quality. As we’ve seen from many others that have tried, building a hardware company is hard. There are many potential failure points and almost no room for error. For us, it required assembling a team that balanced a pragmatic approach of rapidly launching products, with an innovative mindset to deliver experiences that our community would immediately love.
Today, the foundations are firmly in place. From award-winning design, to our global manufacturing and supply chain network built for quality and cost. In four years, we have shipped millions of devices, began 2025 crossing $1B+ in total sales, while growing 150% in 2024.
Building this infrastructure has been the hardest and most valuable thing we’ve done so far. With the support of our community, we’re fortunate to have made it here. Today, we’re in a position that will be very hard to copy: The ability to launch any consumer hardware product from start to finish within months, go-to-market operations that can ship and service worldwide, a global user community that co-creates with us, all without the innovator’s dilemma or bureaucratic constraints that the incumbents face. On to chapter 2.
Operating systems, evolved
In the last 18 years, the smartphone became ubiquitous. It is the primary personal computing tool to manage the countless tasks of daily life. Beyond its distribution scale, what makes the smartphone the most powerful consumer device in the market is its unmatched access to contextual information and user knowledge. For this reason, I believe the smartphone will remain one of the most important devices in the AI era.
On the other hand, while AI has made revolutionary progress in the last three years, the smartphone experience has barely evolved. Most of the innovation has been underwhelming, limited to incremental improvements in photo editing, translations, and assistant features that barely work.
For AI to reach its full potential, consumer hardware must reinvent itself alongside it. This is the opportunity we see for Nothing. We see a future where operating systems are significantly different from the ones today. Each system will know its user deeply, and be hyper-personalised to each individual. Interfaces will adapt to our context and needs. Suggestions will surface naturally, and once we confirm an intent, agents will execute on our behalf. The system will handle the non-essential for us, allowing us to focus on what truly matters, which will be different for every person. Unlike today’s one-size-fits-all solution, a billion different operating systems will be rendered for a billion different people.
Over time, this OS will be transversal across all form factors: We’re starting with smartphones, audio products and smart watches, devices that people already use every day. In the future, our OS will carry into smart glasses, humanoid robots, EVs, and whatever comes next.
Why we are uniquely-positioned to create this future: Owning the last-mile distribution point with all its contextual and user knowledge is essential to developing an OS that will help people in their daily lives. An AI OS that doesn’t know its user and isn’t ever-present can’t deliver a hyper-personalised experience. This is the next chapter for Nothing, integrating an AI experience into our hardware devices to reinvent how technology amplifies us.
The next billion unit scale product
In the near-term, we believe that the smartphone will remain the only device shipping at billion-unit scale each year. But soon, we’ll all be carrying an additional device that will be just as important. In the coming years, we’ll learn that the more context we can feed our AI, the more useful it becomes. The smartphone, while powerful, can’t always be there for us. Sometimes it’s in our pocket, or we might be on the move with our hands full.
A new class of AI-native devices will emerge. Products that are available to the user at the moment of need, paired with intelligence that turns understanding into action. This is a very exciting time, imagining devices that capture context across modalities and generate interfaces on demand, shaped by what the user is trying to accomplish.
We have been hard at work imagining what this future could look like, and can’t wait to launch some of our first AI-native devices next year.
Our Series C capital raise
This funding round allows us to execute on this vision by accelerating our innovation roadmap and further scaling our distribution. Our round was led by Tiger Global, with significant support from existing shareholders GV, Highland Europe, EQT, Latitude, I2BF, and Tapestry, alongside new strategic backing from Nikhil Kamath and Qualcomm Ventures.
Alongside this Series C, we’re also preparing to launch our next Community round giving our supporters another opportunity to become part of Nothing’s journey. More details will be shared soon.
As we continue our journey, we do so with huge gratitude to our community, our team, and our partners. This next chapter is only possible because of you.
Carl, CEO and Co-founder of Nothing
Tech News
BOSCH IS INVESTING IN ITS FUTURE FIELDS OF BUSINESS
Innovations and the development of new business areas have made Bosch the technology leader it is today. To expand its innovation landscape further, the company is investing around 200 million euros in its subsidiary Bosch Business Innovations over the next five years. As a corporate venture builder, the unit develops new business ideas beyond Bosch’s current core business and builds startups from the early stages onward. The aim is to systematically bring these to market maturity and also to develop new leading business models for Bosch.
To this end, Bosch Business Innovations has defined business areas in line with the Bosch strategy in which investments are to be prioritized and in which the market dynamics are an optimal match for Bosch’s competencies and technological expertise. The first of these are software-controlled manufacturing, remote health monitoring, and the capture, use, and storage of greenhouse gases. Further business areas will be added over the next four years, with the goal of having 20 successful startups in operation by 2030.
“Innovative strength and technology leadership are an integral part of Bosch’s history,” says Stefan Hartung, chairman of the board of management of Robert Bosch GmbH. “We have always continued to develop by identifying and investing in new technologies early and decisively – because innovation is our most important currency. We’re now significantly strengthening Bosch Business Innovations with financial resources so that new ideas have a home and the space to develop.”
Axel Deniz, CEO of Bosch Business Innovations, adds: “Our aim is to systematically develop new ideas beyond our current core business. To achieve this, we rely on Bosch’s strengths, in particular its technological expertise and patent power. We combine this structural advantage of a large company with the speed and flexibility of the startup world.”
Bosch Business Innovations accelerates market maturity with partnerships
To bring both worlds together in an optimal way, Bosch Business Innovations relies on a partnership model: it joins with experienced venture studios to build new business ideas from scratch and bring them quickly to market maturity. Bosch thus combines its own strengths – from technological expertise and patent power to industrial scaling – with the deployment speed and venture-building expertise of external partners. This creates a model in which opportunities and risks are deliberately shared and innovations are systematically put into implementation.
The focus is on the founders: Bosch Business Innovations is also open to external entrepreneurs in particular and gives them a crucial head start. They are involved in the company at an early stage, take on responsibility, and play an active role in shaping the startup from the very beginning. In addition, external investors are involved early on so as to tap into additional capital and market access. The approach is supported by specialized partners who contribute market and technology trends and facilitate access to international startup ecosystems.
Growth market for remote health monitoring
In the field of remote health monitoring, Bosch Business Innovations sees a rapidly growing market that has thus far remained fragmented. Bosch already has a strong healthcare ecosystem that includes the Robert Bosch Hospital and numerous hospital partnerships. This is complemented by Bosch’s technological expertise: among other things, the company is the global market leader for MEMS sensors, which are indispensable in remote health monitoring.
In software-controlled manufacturing, Bosch looks to its own industrial strength as well as its expertise in data, software, and AI. Targeted investments in startups are intended to create platform-based business models for software in manufacturing operations.
The third defined investment area is carbon capture, a strategic area of development. Bosch is examining ways in which industrial decarbonization and carbon capture from the ambient air can be translated into business models.
Bosch Business Innovations realigns existing portfolio
Bosch Business Innovations evolved from grow platform GmbH, a wholly owned Bosch subsidiary that developed internal startups within the company. The previous portfolio was restructured by Bosch Business Innovations. The aim is to create viable future prospects within or outside Bosch for all existing teams. For example, Bosch Advanced Ceramics achieved an important milestone at the end of 2025: the ceramic 3D printing specialist was successfully sold to Sintokogio, a leading provider of industrial equipment and manufacturing solutions.
Bosch Business Innovations is thus establishing itself as a further pillar of innovation activity at Bosch. The other pillars include, among others, the extensive research and development activities across the company and the existing venture capital unit, Bosch Ventures.
Tech News
NEXT-GEN COMPUTING REDEFINED: INTEL LAUNCHES THE HIGH-PERFORMANCE CORE ULTRA 7 270K PLUS PROCESSOR
Intel has officially expanded its Series 2 lineup with the release of the Intel® Core™ Ultra 7 270K Plus processor. Built on the advanced “Arrow Lake Refresh” architecture, this new flagship-tier CPU is engineered to deliver unprecedented levels of power, efficiency, and AI-driven performance for both enthusiast gamers and high-end creative professionals.
The Ultimate Expression of Performance
The Intel Core Ultra 7 270K Plus represents a significant leap forward in desktop computing. Featuring a robust 24-core configuration comprising 8 high-frequency Performance-cores (P-cores) and 16 high-efficiency Efficiency-cores (E-cores) the processor provides 24 dedicated threads of processing power. With a maximum turbo frequency reaching 5.5 GHz, it is designed to handle the most demanding multithreaded workloads, from 4K video rendering to complex 3D simulation, with remarkable ease.
Introducing Intel Binary Optimization Tool (iBOT)
A standout feature of the 270K Plus is the debut of the Intel Binary Optimization Tool (iBOT). This revolutionary x86 binary translation technology allows the CPU to analyze and optimize software code in real-time. By streamlining instructions for better execution, iBOT supercharges performance in gaming and professional applications, ensuring that software runs faster and more efficiently than ever before on the Intel platform.
Enhanced Memory and Connectivity
Intel continues to push the boundaries of platform technology. The Core Ultra 7 270K Plus natively supports DDR5 memory speeds up to 7200 MT/s and introduces support for CUDIMM (Clocked Unbuffered Dual In-Line Memory Modules). This allows for higher memory densities and improved stability at extreme frequencies.
Connectivity is also at the forefront, with integrated support for Thunderbolt™ 5, offering lightning-fast data transfer speeds and simplified single-cable docking solutions. Coupled with native Wi-Fi 7 capabilities, the 270K Plus ensures users remain at the cutting edge of networking technology.
Key Technical Specifications
Architecture Arrow Lake Refresh (Series 2)
Total Cores 24 (8 P-cores + 16 E-cores)
Total Threads 24
Max Turbo Frequency 5.5 GHz
Intel® Smart Cache (L3) 36 MB
Total L2 Cache 40 MB
Graphics Intel® Xe-LPG (4 Xe-cores)
Memory Support DDR5 up to 7200 MT/s (CUDIMM Support)
Socket LGA 1851
Processor Base Power 125 W
Official Distribution and Availability
As a leading value-added distributor in the region, ASBIS is proud to be an official distributor of Intel products. We are committed to bringing the latest in semiconductor innovation to our partners and customers across the Middle East and Africa.
The Intel Core Ultra 7 270K Plus is now available through the ASBIS network. For more information regarding pricing, bulk orders, or technical support, please contact our dedicated marketing team.
Tech News
POWERING THE FUTURE OF ENTERPRISE STORAGE
MBUZZ and Phison Electronics strengthen distribution to meet evolving data center demands.
MBUZZ today announced the company is in an official distribution agreement with Phison Electronics, a global leader in NAND flash controllers and storage solutions, to bring the Pascari enterprise storage portfolio to the regional UAE, Saudi Arabia and broader Middle East market.
Phison is one of the industry’s most respected names in NAND flash controller technology and storage solutions, with deep expertise in SSD architecture, firmware development and enterprise-grade storage platforms. Backed by strong R&D, Phison continues to deliver high-performance, reliable and scalable solutions across global data center and enterprise environments.
The Pascari enterprise portfolio builds on this technical foundation with a focused range of enterprise SSD solutions designed to address diverse workload and deployment requirements. From performance-intensive environments to data-centric, boot,and SATA-based infrastructure, Pascari solutions are engineered to deliver the efficiency, consistency and flexibility modern enterprises require.
Built upon 25 years of expertise, Phison Electronics provides controller design, firmware development, and customization, with a portfolio is well positioned to support organizations in building agile and future-ready storage environments.
“Collaborating with MBUZZ expands access to enterprise storage solutions purpose-built for today’s data-intensive environments, where performance, low latency and endurance are critical,” said KS Pua, CEO, Phison Electronics. “With the Pascari portfolio, Phison delivers a balance of performance and cost efficiency for hyperscale and enterprise infrastructure through workload-optimized design. Together with MBUZZ’s regional expertise, we are enabling more customers to access and deploy scalable, reliable storage architectures.”
MBUZZ is a leading technology solutions provider in the region, delivering a comprehensive portfolio spanning HPC, AI, Storage, Industrial & Client compute, Smart city solutions, Gaming, Cybersecurity. With capabilities across high-performance components, AI workstations and fully integrated infrastructure solutions, MBUZZ enables businesses to build environments aligned with evolving workload demands.
This collaboration with Phison Electronics reflects a shared vision to bring the Pascari enterprise storage portfolio closer to regional markets—enabling organizations to adopt high-performance, reliable, and scalable storage solutions tailored for modern data center and enterprise environments. By combining Phison’s innovation in enterprise SSD technology with MBUZZ’s strong channel ecosystem and solution-led approach, the collaboration aims to accelerate the adoption of next-generation storage architectures across the region.
“This collaboration with Phison Electronics is centered on bringing greater architectural depth and flexibility to enterprise storage deployments in the region. Pascari’s design philosophy—rooted in controller-level innovation and firmware optimization-aligns closely with the kind of workload-specific, performance-consistent infrastructure our customers demand today,” said Sabir Saleem, CEO, MBUZZ. “By integrating this capability within our solution ecosystem, we are not just expanding portfolio breadth, but enabling more precise, scalable and commercially aligned storage strategies for modern data environments.
With this partnership, we aim to provide our partners and customers with storage solutions that are intelligently designed, operationally efficient and aligned with the evolving realities of enterprise and data center infrastructure.”
MBUZZ and Phison are establishing a stronger route to market for enterprise-class storage solutions built around performance, flexibility; and scale. By combining Phison’s global technology leadership in enterprise SSD innovation with MBUZZ’s channel strength, regional reach; and solution-led approach, the partnership is well positioned to support organizations across enterprise IT, Data Center, OEM; and specialized infrastructure environments. More importantly, it reflects a shared commitment to enabling businesses with storage solutions that are not only technically robust, but commercially relevant in an increasingly data-driven world.
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