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Musk Denies Telegram Deal as Durov Confirms Talks Are Ongoing

  • Reports emerged claiming xAI and Telegram signed a one-year agreement to integrate Grok into Telegram's platform with a $300 million package and a 50% revenue share.
  • Elon Musk denied the reports, stating that no deal has been signed, contrary to the initial claims.
  • Telegram CEO Pavel Durov confirmed the agreement in principle but mentioned that formalities are pending, indicating that the deal is not yet finalized.
  • The situation highlights the complexities of high-stakes tech partnerships, emphasizing the significance of formal agreements, especially involving public companies and large capital sums.

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