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Faraday Future pivots to crypto and AI as car sales falter

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Amid struggles in its EV business, cash-starved Faraday Future is pivoting to crypto and AI. Summary Faraday Future is pivoting to crypto and embodied AI The firm hopes its crypto treasury will attract capital and help it raise cash for its business So far, Faraday Future has produced only 16 of its FF 91s vehicles The struggling EV startup Faraday Future is pivoting to crypto and AI. On Sunday, August 17, EV startup Faraday Future announced the launch of a treasury product, as well as a new focus on embodied AI. Faraday Future is launching the C10 Treasury product, a…

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