9 Latest AI News Updates Investors Should Not Miss

6. Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE)

Number of Hedge Fund Followers: 7

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) leverages AI and a proprietary variable platform architecture to develop, manufacture, and sell “TechLuxury” electric vehicles. The company is also involved in designing autonomous driving and intelligence systems within its intelligent mobility ecosystem.

On February 21st, Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) stated that its FF China subsidiary shipped two FX 6 camouflaged prototype mules to customs, marking progress in their journey to the company’s Los Angeles headquarters. The FX 6 is a part of the company’s strategy to offer Advanced Intelligent Electric Vehicles (AIEVs) to a mass-market audience. The two prototypes will be subjected to further testing and validation aimed at enhancing ADAS, powertrain, intelligent cabin and user experience.