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, Durovannouncedon 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.

“This summer, Telegram users will gain access to the best AI technology on the market,” Durovsaidin a post on his Telegram channel.

Grok integration begins with Telegram

According to a promo video accompanying Durov’s announcement, the partnership is expected to bring a wide rollout of Grok features within the messenger.

Accessible via the search bar on Telegram, Grok will offer threaded chats, smart text editing, chat summaries, document digests, inbox agents, group chat moderation and more.

Neither xAI nor Grok had confirmed the partnership independently at the time of publication.

Related:Durov blocked from attending Oslo Freedom Forum — Human Rights Foundation

Some commentators speculate that Musk will soon create his own Telegram channel following the partnership.

Toncoin spikes over 20% on a series of Telegram news

The news comes amid several Telegram-related stories published on May 28, including BlackRock’s reported participation in themessenger’s $1.5 billion bond saleand ex-Visa crypto executiveNikola Plecas joining the TON Foundationas its new vice president of payments.

Telegram works closely with the TON Foundation, picking ToncoinTON$3.42ToncoinChange (24h)12.46%Market Cap$8.7BVolume (24h)$588.11MView Moreas themessenger’s only accepted cryptocurrencyfor app services in January.

Toncoin has rallied on the news, seeing a 20% spike within a few hours.Accordingto data from CoinGecko, TON is trading at $3.60 and is currently the 19th largest cryptocurrency with a market capitalization of $8.9 billion.

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