AIxCrypto Signs $200M Term Sheet to Acquire Faraday Future's Robotics Business
AIxCrypto (NASDAQ: AIXC, soon to trade as FFR) signed a term sheet to acquire Faraday Future's robotics business for ~$200M. Upon closing, AIxCrypto aims to become Nasdaq's first pure-play robotics ecosystem company, centered on 'Four-Core Full-Stack AI.' Both boards have approved the term sheet.
AIxCrypto (NASDAQ: AIXC, soon to trade as FFR) signed a term sheet to acquire Faraday Future's robotics business for ~$200M. Upon closing, AIxCrypto aims to become Nasdaq's first pure-play robotics ecosystem company, centered on 'Four-Core Full-Stack AI.' Both boards have approved the term sheet.
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