Nothing has successfully closed a $200 million Series C funding round, led by Tiger Global, to enhance its growth and development. The company plans to launch an AI-first device as part of its strategy to innovate in the tech market.

A recent report analyzes the allocation of startup funding in the artificial intelligence sector, revealing insights into where investment dollars are being directed. It highlights trends in spending across different AI applications and discusses the implications for the future of the industry.

AI data center startup Crusoe is raising $1.38 billion in a Series E funding round, reaching a valuation of approximately $10 billion. The round is co-led by Valor Equity Partners and Mubadala Capital, with participation from notable investors like Nvidia and Fidelity Management. Since its founding in 2018, Crusoe has raised nearly $3.9 billion and has recently launched the first phase of its data center in Texas.

Unify has successfully raised $40 million in a Series B funding round led by Battery, with participation from notable investors including OpenAI and Thrive. The company has experienced significant growth, achieving an 8x increase in revenue year-over-year, and aims to transform go-to-market strategies in the AI era, emphasizing the importance of effective distribution for product success.

AI infrastructure company fal secured $125 million in a Series C funding round, bringing its valuation to $1.5 billion. The round was led by Meritech and included participation from major investors such as Salesforce Ventures and Google AI Futures fund. CEO Burkay Gur highlighted the benefits of generative AI in creating tailored advertising content.