The company, formerly known as AIxCrypto Holdings, Inc., is transitioning from a focus on cryptocurrency and blockchain to become a pure-play robotics and artificial intelligence company. It is in the process of acquiring the robotics business from its majority stockholder, Faraday Future Intelligent Electric Inc., to build a "Four-Core Full-Stack" AI ecosystem. The new strategy focuses on the research, development, manufacturing, commercialization, and deployment of intelligent robotic technologies, products, and industry solutions.