Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI) ("Faraday Future", "FF" or the "Company"), a California-based global Embodied AI (EAI) ecosystem company, today shared a weekly business update from YT Jia, Founder and Global CEO of FF.

 

Faraday Future Founder and Global CEO YT Jia Shares Weekly Investor Update: New Robot Deliveries and Updates from the Middle East; Recap on FF EAI Robotics "Built in USA" Business Partner Conference Held Last Week; RoboShare Officially Launched

"Welcome to our Weekly Report Issue 70. Let me start with a major breakthrough for FF’s robotics business in the Middle East.

On August 28, FF officially launched its robotics business in the Middle East and completed the sale and delivery of our first order in the region. We delivered six robots in total—two humanoid robots and four quadruped robots. This marks FF EAI Robotics’ breakthrough from zero to one in the Middle East. At the same time, our team is working hard to bring more orders to the market.

This first delivery in the Middle East brings three important areas of value to FF.

Strategically, it fills an important gap in FF’s global footprint and gives us a strategic foothold in the Middle East to reach more surrounding markets.

From a business perspective, the Middle East has strong purchasing power and a large number of high-net-worth customers. This will greatly support our product sales and accelerate the global deployment of our ‘Four-Core Full-Stack AI’ ecosystem.

From a capital perspective, the Middle East is also a major global hub for investment in AI and EAI. This will create more opportunities for FF to expand capital partnerships and secure industry financing.

As our next step, we plan to hold FF EAI Robotics’ first launch event in the Middle East at the end of September. By leveraging our brand strength, first-mover momentum, and ‘Four-Core Full-Stack AI’ ecosystem, we will accelerate our expansion in the Middle East.