Faraday Future's Robotics Unit to List Independently at $2 Billion Valuation

The announcement was made by Jia Yueting, founder and global CEO of Faraday Future (FF). The robotics unit will be spun off and merged into AIxC, a Nasdaq-listed company, to achieve an independent listing. The deal values FF's robotics business at $2 billion. This strategic move is intended to accelerate the development of the global embodied AI robotics industry. The independent listing is expected to provide the robotics business with dedicated funding and strategic focus, allowing it to better compete in the rapidly evolving embodied AI sector. Jia Yueting has been actively promoting FF's transformation into an AI-driven company. Further details on the transaction timeline and structure were not disclosed.