FF EAI Robotics unveils FF Nova humanoid robot line; FFR to acquire Faraday Future robotics unit

FF EAI Robotics and Faraday Future launch the FF Nova bipedal humanoid robot for under $2,500, targeting developers and education. A $299 FF Nova Mini model is also planned. Separately, FFR signed a definitive agreement to acquire Faraday Future's robotics business in an all-stock transaction valued at about $200 million, with Faraday Future receiving a 65.7% controlling stake in FFR. The deal is backed by $10 million in PIPE financing.