Faraday Future, the California-based electric car maker founded by Chinese entrepreneur YT Jia, plans to expand its investment in AI research and development, including recruiting AI talent.

Faraday Future announced that effective Monday, March 10, U.S. time, it will change its Class A common stock ticker symbol from "FFIE" to "FFAI" and its warrant symbol from "FFIEW" to "FFAIW."

The company said it has achieved significant breakthroughs in the research and development of its full AI mobility ecosystem, including its "Private AI" and "Personalized AI" programs.

The next-generation AI in-vehicle interaction system based on the Big Model Architecture has entered the final stage of research and development, and Faraday Future plans to complete the first launch of the FF 91 2.0 model in the near future, and will gradually apply it to the FX series models.

In order to accelerate the commercialization of the technology, the company plans to expand its investment in AI R&D, including the recruitment of AI talents.