2 days ago
One of the 'most-controversial' messaging app gets $300 million from Elon Musk: Here's what the deal is all about
Telegram CEO Pavel Durov
Telegram
CEO Pavel Durov announced a partnership with
Elon Musk
's AI company
xAI
to bring the AI chatbot Grok to its more than 1 billion users. Durov announced the deal on X (formerly Twitter), saying the integration will happen this summer. 'This summer, Telegram users will get access to the best AI technology on the market,' Durov wrote. '@elonmusk and I have agreed to a 1-year partnership to bring xAI's @grok to our billion+ users and integrate it across all Telegram apps,' he added.
Telegram to get $300 million from Musk-owned xAI
As part of the one-year partnership, Telegram will receive $300 million in cash and shares from xAI, Durov revealed. The messaging app will also get half of the money made from Grok subscriptions sold through Telegram.
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Durov said the deal will help Telegram's finances and create new ways to earn revenue. 'Together, we win,' he added.
This move will allow Telegram users to use Grok's AI features directly within the app. The partnership comes as xAI looks to expand Grok beyond Musk's social media platform X, aiming to reach more users and grow its business.
When a user asked 'Will any telegram data be provided for training as a part of the deal?', Pavel replied saying 'No, this has not been discussed.'
Here's what Telegram CEO Pavel Durov wrote
In the X post, Durov wrote:
'This summer, Telegram users will gain access to the best AI technology on the market. @elonmusk and I have agreed to a 1-year partnership to bring xAI's @grok to our billion+ users and integrate it across all Telegram apps.
This also strengthens Telegram's financial position: we will receive $300M in cash and equity from xAI, plus 50% of the revenue from xAI subscriptions sold via Telegram. Together, we win.'
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