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Faraday Future
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EGamers.io
AIxCrypto burned 97% of its cash, then handed $12 million to the company that controls it
AIxCrypto, a pre-revenue company developing a robot-rental marketplace, has depleted 97% of its cash, leaving only $577,328. The company transferred $12 million to securities of its controlling shareholder, Faraday Future, while its digital asset portfolio also saw a significant decline in value. AIxCrypto faces current liabilities nearly triple its remaining cash, with potential future funding routes involving discounted equity issuance or further erosion of its digital asset holdings.
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Engadget
After successfully selling over 15 cars, Faraday Future would now like you to buy its robots
Faraday Future, known for its electric vehicles, is now also marketing a line of robots. These include humanoid models and a quadruped robot that can be equipped with an optional dog-like head.