Elon Musk's xAI partners with messaging app Telegram in $300 million Grok deal

Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. xAI and Telegram did not immediately respond to CNBC's request for comment. "This summer, Telegram users will gain access to the best AI technology on the market," Durov wrote. In addition to the $300 million payment from xAI, Telegram will also earn 50% of the revenue from xAI subscriptions that are sold on the platform, according to Durov. Durov said he and Musk struck a year-long partnership that "strengthens Telegram's financial position." Elon Musk's startup xAI is paying the Dubai-based messaging platform Telegram $300 million to roll out its Grok artificial intelligence chatbot, Telegram CEO Pavel Durov announced in a post on Wednesday. Telegram passed 1 billion monthly users in 2025, and the company is set to raise at least $1.5 billion in a bond issue on Wednesday, according to a report from the Wall Street Journal. The messaging platform is popular in countr ... Read full article.