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Musk's xAI Secures $300M Telegram Deal to Launch Grok AI Chatbot

Time :2025-05-29 01:48:14   key word: Elon Musk, xAI, Telegram, Grok AI, Toncoin, chatbot integration, crypto partners

Billion-Dollar AI Alliance Forms

Telegram CEO Pavel Durov revealed on May 28 that Elon Musk's artificial intelligence venture xAI will integrate its Grok chatbot across the messaging platform's ecosystem. The one-year partnership aims to expose Grok's capabilities to Telegram's 【1 billion】 active users through deep platform integration.

Unprecedented Financial Terms

The agreement includes a $300 million compensation package combining cash and equity from xAI to Telegram. Notably, the messaging app will retain ——50% of revenue—— from xAI subscriptions sold through its platform. "By summer, we'll deliver market-leading AI tools," Durov stated in his official Telegram channel.

Multi-Functional AI Deployment

Promotional materials showcase Grok's planned features accessible via Telegram's search interface: • Threaded conversational AI • Smart text enhancement tools • Automated chat summarization • Advanced group moderation systems Industry observers suggest this move may prompt Musk to establish his own verified Telegram channel.

Cryptocurrency Market Ripple Effects

Toncoin (TON) surged 【20%】 within hours following the announcement, reaching $3.60 per token. The rally coincides with other Telegram-related developments including BlackRock's potential involvement in the platform's $1.5 billion bond offering and strategic hires from traditional finance.

Strategic Crypto Alignment

Since January, Telegram has exclusively used Toncoin for in-app payments, strengthening ties with the TON Foundation. The blockchain organization recently recruited former Visa crypto executive Nikola Plecas as payments VP, signaling deeper financial service integration.

Unconfirmed Partnership Details

Neither xAI nor Grok had independently verified the collaboration at publication time. The deal emerges amidst controversy, with the Human Rights Foundation reporting Durov faced travel restrictions preventing his attendance at the Oslo Freedom Forum.

AI Arms Race Intensifies

This partnership marks xAI's first major messaging platform integration since Grok's 2023 launch. It positions Telegram against competitors increasingly incorporating AI features, while providing Musk's startup with unprecedented user reach. Market analysts anticipate similar deals may follow as AI capabilities become critical differentiators in social platforms.