Faraday Future Intelligent Electric (FFIE) Mulls Ticker Change to FFAI
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Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) today announced that it is seeking public opinion through an online survey on changing FF’s stock ticker from “FFIE” to “FFAI.”
On May 2nd of this year, FF announced its Generative AI Product Stack to the public. The product stack combines FF’s foundational capabilities such as the Company’s computing platform, advanced operating system, ultra-fast internet connectivity, AI and natural language processing abilities, multiple displays, with generative AI capability designed to give extraordinary abilities to users. FF is one of the first automotive manufacturers to integrate and demonstrate generative AI capabilities in a vehicle.
Vehicle I.A.I (Internet, Autonomous Driving, Intelligence) and artificial intelligence research and development have always been FF’s core strategic focus. Today, these research and development achievements have become core highlights of the Company’s flagship FF 91. The Company intends to announce more details regarding its AI strategy at its FF 91 Final Launch & Faraday Future 2.0 event, set to occur on May 30th.
The “FFAI” ticker was the Company’s first choice when FF went public in 2021 on Nasdaq, but it was not available then. The Company recently learned that “FFAI” has become available again and management feels this name more accurately aligns with the core vision for the Company. Co-creation and sharing have always been the core principles upheld by FF, therefore the Company would like to solicit opinions from all stakeholders, enthusiasts, and other interested parties on whether to change the stock ticker to FFAI.
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