<ul><li>Telegram is facing challenges in finalizing a $300 million deal with Elon Musk's xAI for AI technology integration, despite public announcements of the partnership.</li><li>The deal includes xAI paying Telegram $300 million in cash and equity, with Telegram also set to earn 50% of the revenue from xAI's subscriptions on the platform.</li><li>Additionally, Telegram is moving forward with a $1.5 billion bond offering, backed by finance giants like BlackRock and Mubadala, to repurchase its existing debt and potentially prepare for a public listing.</li><li>The uncertainty surrounding the xAI deal has impacted the crypto token Toncoin, causing fluctuations in its value following Pavel Durov's and Elon Musk's conflicting statements.</li></ul>

Telegram in Limbo Over $300M xAI Deal – What’s The Holdup?

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