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Nothing, the hardware company, is launching a $5 million community investment round, allowing everyday users to buy shares at a $1.3 billion valuation. This is their third community funding round, having raised $8 million from over 8,000 people previously. While investors get a board seat, benefits are unclear. Nothing recently secured $200 million in Series C funding, bringing total raised to $450 million. The company is spinning off its CMF brand, exploring AI devices, and plans an IPO within three years, aiming for sustainable growth.

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