US Stock Market Move | The company plans to expand its artificial intelligence recruitment for Faraday Future Intelligent Electric, Inc. (FFIE.US), with pre-market trading up nearly 7%.

On Wednesday, Faraday Future Intelligent Electric, Inc. (FFIE.US) rose nearly 7% in pre-market trading, reaching $1.69 per share. In news announced on February 19th, Faraday Future Intelligent Electric, Inc. revealed plans to expand its recruitment focus on artificial intelligence. On March 10th, the company will change its Nasdaq stock code to "FFAI" to reflect its emphasis on AI technology. This move aims to drive the company's increased investment in AI research and development by 2025. FF stated that this recruitment effort will specifically target professionals in the fields of large-scale model development and algorithm training to support the company's progress in developing a comprehensive AI mobility ecosystem. These developments include personalized AI and customized AI plans, which FF intends to integrate into its flagship model FF 91 2.0 and future FX models to provide users with an unprecedented intelligent travel experience.