Jia Yueting's Faraday Future (FF) announced that it will change its Nasdaq stock symbol from FFIE to FFAI starting in early 2025, a move designed to better reflect the company's increasing focus on artificial intelligence strategy. FF plans to announce the specific date and plan for the stock code change in January 2025, and hold an "FF Open AI Day" event to discuss the future development of artificial intelligence in the travel field with its artificial intelligence industry partners. This move signifies that FF regards AI as the core driving force of the company's development, and plans to use AI technology to empower its electric vehicle strategy, create AIEV products with the ultimate cost-effectiveness, and fill the gap in the U.S. market.
Faraday Future, owned by Jia Yueting, announced that it will change its Nasdaq stock code from FFIE to FFAI in early 2025 to better reflect the company's continued focus on artificial intelligence (AI) strategy. The company plans to announce the detailed date and plan for the stock code change in January 2025, and hold an "FF Open AI Day" event to invite AI industry partners to discuss the future of AI in the travel field.
FF Global CEO Matthias Aydt said that AI has been the cornerstone of FF since the company was founded. The new stock code FFAI will better reflect the company's strategic direction. With the gradual implementation of FF's AI technology-empowered FX strategy, the company aims to fill the gap in the U.S. AIEV market by creating AIEV (artificial intelligence electric vehicles) with the ultimate price-performance ratio, including AI cockpits, etc., and fully promote the U.S. EV industry. AI-based.
FF has a profound accumulation of AI technology, and AI is the core capability of "FF aiHyper6x4 technology architecture 2.0". Relying on professional large-scale models in the vertical field of driving and travel, through cross-domain integration of computing, algorithms and data, as well as "end-to-end" full-link integration, the "four major AI engines" can fully empower the four major systems and their six major technologies. The platform’s “full AI technology architecture”. These four major AI engines include "Smart Carpet All-In-One AI Engine", "Hyper Multi-Vector AI Engine", "Third AI Space AI Engine" and "FF aiDriving AI Engine", aiming to achieve the goal through deep Integrate visual, language, voice and historical information to provide a safe, intelligent and pleasant driving experience.
FF's AI strategy also includes bringing new revenue growth models, such as in-car subscriptions and AI-driven value-added services, to enhance user loyalty and recognition. FF and FX’s products will become users’ “intelligent partners” through AI technology, providing an intuitive and smooth interactive experience and continuous learning and optimization.
FF's "full AI" and co-creation ecosystem will promote the upgrade of cars from traditional means of transportation to smart mobile devices, setting a new standard for future smart cars. Through the co-creation platform, FF attracts the participation of global developers and AI experts to further promote the technological progress and innovation popularization of the industry, benefiting the industry and partners.
Through its name change and a series of AI strategic initiatives, FF has demonstrated its ambitions in the field of smart electric vehicles and also drawn a new blueprint for future smart travel. The success of FF will largely depend on the actual implementation and market acceptance of its AI technology.