Faraday Future Middle East signs MOU with RAK Digital Assets Oasis

Faraday Future (FFAI) Intelligent Electric announced that Faraday Future Middle East FZ-LLC has signed a memorandum of understanding with RAK Digital Assets Oasis. Under the MOU, the two parties intend to cooperate across three major areas of exploration: artificial intelligence, Web3 and the digital economy, and embodied intelligence. Under the strategic cooperation MOU, FF and Innovation City intend to explore the joint establishment research and innovation centers. By integrating respective technological capabilities, industrial resources, and ecosystem advantages, the two parties could carry out research, testing, and real-world application of technologies including AI, embodied intelligence, and Web3 in the UAE. Together, they aim to build a future-oriented industrial ecosystem and support Innovation City in becoming a forward-looking benchmark for next-generation urban and industrial development.