Faraday Future Bets Big On Web3, Crypto Assets With New $1 Billion Strategy

Faraday Future Intelligent Electric (NASDAQ:FFAI) launched its “EAI + Crypto” Dual-Flywheel & Dual-Bridge Strategy at Pebble Beach on August 16, positioning itself at the intersection of AI mobility and Web3.

The company framed this initiative as a way to merge Embodied AI (EAI) with the rapid growth of the crypto asset economy, creating a circular growth system between Web2 and Web3.

As part of the strategy, Faraday Future introduced the C10 Index, a market-cap-weighted basket of …

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