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Elon Musk’s xAI inks $300M AI deal with Telegram

  • Elon Musk's xAI Corp. will pay Telegram $300 million in cash and equity to expand the reach of its Grok chatbot.
  • Telegram Chief Executive Officer Pavel Durov announced the partnership today, where Grok will be integrated into the app under a one-year agreement.
  • Grok is powered by language models developed by xAI, with the newest model, Grok 3, debuting in February, known for its improved reasoning abilities.
  • This partnership comes as Telegram aims to raise $1.5 billion in debt financing, following xAI's acquisition of X social network and increased valuation to $80 billion.

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