Quick take:
A one-year partnership deal will see xAI integrated across all Telegram Apps, founder Pavel Durov wrote in an X post.
He also said the xAI app will only access data that Telegram users share with Grok through direct interactions.
The deal provides xAI with data that it can use to train and develop its AI models.
Telegram has announced a partnership with Elon Musk’s xAI to bring Grok to its platform. As part of the deal, Telegram will receive $300 million in cash and equity, whilst also retaining a 50% interest in subscription revenue received through the social media app.
Commenting on the one-year partnership via an X post, Telegram founder Pavel Durov wrote: “This summer, Telegram users will gain access to the best AI technology on the market. [Elon Musk] and I have agreed to a 1-year partnership to bring xAI’s [Grok] to our billion+ users and integrate it across all Telegram apps.”
“This also strengthens Telegram’s financial position: we will receive $300M in cash and equity from xAI, plus 50% of the revenue from xAI subscriptions sold via Telegram.”
According to Durov, the xAI app will only access data that Telegram users share with Grok through direct interactions.
TON Network’s native token TON price spiked more than 20% on Wednesday after the announcement. TON has become a major part of Telegram’s burgeoning Web3 community, with the two companies teaming up to launch the in-app self-custody crypto wallet TON Space.
They have also collaborated to power NFT-gaming mini-apps on the platform, as well as, a peer-to-peer crypto trading ecosystem, allowing users to buy cryptocurrencies using fiat currencies.
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The post Telegram Teams Up with Elon Musk’s xAI to Integrate Grok Into Its Messaging App appeared first on NFTgators .
