On September 29, 2026, Faraday Future (FF) revealed that its robotics division will merge into Nasdaq-listed AIxC (to be rebranded as FFR) at a valuation of $200 million, paving the way for an independent listing. This move aims to establish the first “pure-play” stock in the U.S. stock market dedicated to a “quad-core full-intelligence EAI robot ecosystem.”

FFAI will undergo a strategic transformation, evolving into a Robotaxi shared mobility network and smart cabin technology operator, as well as a Physical AI investment holding company. Its automotive operations will shift to focus on becoming a Robotaxi shared mobility network operator, including integration into the Cybercab network. Additionally, it will deploy FF’s “Third AI Space” smart cabin technology across other intelligent vehicles, while also facilitating the integration of FF’s proprietary vehicle models into the Robotaxi network.

According to the non-binding agreement signed by both parties, AIxC will acquire FFAI’s robotics assets and business at the $200 million valuation. Once the transaction is finalized, FFAI will emerge as the single largest controlling shareholder of AIxC. In turn, AIxC will abandon its Crypto strategy and restructure as an embodied intelligent robotics company, encompassing the entire closed loop—from robotics R&D and supply chain management to manufacturing, sales, deployment, data handling, and operations. (Note: “closed loop” is used here to refer to a seamless, end-to-end process.)

FF anticipates that its robotics business will achieve positive quarterly operating cash flow by the third quarter of 2028, with cumulative revenue projected to hit $1.980 billion over the next five years.