Elon Musk's Grok comes to Telegram with $300 million deal
Elon Musk’s xAI has partnered with Telegram to integrate the AI chatbot Grok into the messaging platform, as announced by Telegram CEO Pavel Durov. The one-year partnership aims to distribute Grok to one billion users and includes a financial agreement where Telegram will receive $300 million in cash and equity, along with 50% of revenue from xAI subscriptions sold through Telegram. Grok will feature threaded chats, smart text editing, chat summaries, document digests, and group chat moderation, accessible via the Telegram search bar. Speculation arises that Musk may create a Telegram channel following this partnership. Additionally, Toncoin surged over 20% amid related news, with the cryptocurrency trading at $3.60 and a market cap of $8.9 billion.