Elon Musk’s xAI inks $300M deal with Telegram for Grok integration

Elon Musk’s artificial intelligence company xAI has partnered with Telegram to integrate its AI chatbot Grok across the messaging platform, according to Telegram CEO Pavel Durov. Telegram and xAI have agreed to a one-year partnership to distribute Grok to a billion Telegram users and integrate it into its apps, Durov announced on X on May 28. As part of the agreement, Telegram will receive $300 million in cash and equity from Musk’s AI company, in addition to 50% of revenue from xAI subscriptions sold via Telegram, the CEO noted. “Together, we win,” Durov said in the statement on X source: https://cointelegraph.com/news/elon-musk-xai-300-million-telegram-deal-grok-integration?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound