Telegram and Elon Musk: AI Revolution with Grok and $300 Million 💰🤖🚀
Telegram has closed a strategic agreement with xAI, the artificial intelligence company led by Elon Musk. The deal, announced by Pavel Durov, CEO of Telegram, includes an investment of $300 million in cash and stock, in addition to Telegram receiving 50% of the subscription revenue from Grok sold through its platform.
The integration of xAI's Grok chatbot will reach all Telegram users this summer, enhancing the experience with new AI features and boosting digital communication. The agreement has an initial duration of one year and aims to bring the best artificial intelligence technology within reach of over a billion users.
The announcement has also boosted the value of the TON token (Toncoin), which rose nearly 16% following the news, reflecting the enthusiasm of the community and investors for the future of Telegram and its digital ecosystem. This alliance strengthens Telegram's financial position and expands its technological leadership in the communications sector.
