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xAI Pays Telegram $300m To Deploy Its Grok AI Chatbot

  • xElon Musk's xAI is paying Telegram $300 million to introduce its AI chatbot Grok to users.
  • Telegram will receive $300 million in cash and equity from xAI, along with 50% of revenue from xAI subscriptions sold via Telegram.
  • This partnership strengthens Telegram's financial position and provides access to xAI's technology for its billion+ users.
  • Despite the deal, Telegram is facing privacy concerns and operational challenges, including an ongoing French investigation into criminal activities on its platform.

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