EconomyLens.com
No Result
View All Result
Wednesday, May 28, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Tech

Telegram to get $300 mn in partnership with Musk’s xAI

Emma Reilly by Emma Reilly
May 28, 2025
in Tech
Reading Time: 3 mins read
A A
1
19
SHARES
235
VIEWS
Share on FacebookShare on Twitter

Grok will be accessible on Telegram by the summer, the social platform's CEO said. ©AFP

New York (AFP) – Telegram established a partnership with Elon Musk’s xAI to provide the Grok generative artificial intelligence program on the messaging service for one year, Telegram’s CEO announced Wednesday. In exchange for implementing Grok across its platforms, Telegram will receive $300 million in cash and equity, plus 50 percent of the revenue from xAI subscriptions sold via Telegram, Telegram’s chief Pavel Durov announced on X, the former Twitter. Grok will be accessible on Telegram this summer, Durov said.

Related

‘Kisses from Prague’: The fall of a Russian ransomware giant

Starship megarocket blows up over Indian Ocean in latest bumpy test

EU investigates four porn platforms over risks to children

‘Kisses from Prague’: The fall of a Russian ransomware giant

Anthropic touts improved Claude AI models

The terms of the deal may appear unbalanced, but the transaction allows xAI, which in late March acquired Musk’s X platform, to have access to Telegram’s customers, which Durov estimated has more than one billion users. Generative AI businesses have been aiming to grow their user base in order to recover revenues after huge investments in the state-of-the-art technology.

xAI in February released the latest version of its chatbot, Grok 3, which the billionaire hopes will find traction in a highly competitive sector contested by the likes of ChatGPT and China’s DeepSeek. Grok 3 is also going up against OpenAI’s chatbot, ChatGPT – pitting Musk against collaborator-turned-arch rival Sam Altman. Grok is accessible on the X platform, but with limitations on non-paying users. The premium service costs $40 per month, or $395 per year.

Durov has faced judicial action in France after clashing with French authorities over illegal content on his popular messaging service, including claims that France interfered in Romanian elections. Earlier this month, French authorities denied a request for Durov, who holds French and Russian passports, to travel to the United States for talks with investment funds.

© 2024 AFP

Tags: Elon Muskgenerative AItelegram
Share8Tweet5Share1Pin2Send
Previous Post

Global markets sink as rally over eased trade tensions fades

Next Post

Longer flight delays without compensation? EU plan divides

Emma Reilly

Emma Reilly

Related Posts

Tech

Xiaomi launches new advanced in-house mobile chip

May 22, 2025
Tech

Ads pressured to evolve as AI changes Google search

May 22, 2025
Tech

Apple design legend Jony Ive joins OpenAI

May 21, 2025
Tech

Epic Games says Fortnite back on Apple’s US App Store

May 21, 2025
Tech

China slams US ‘bullying’ over new warnings on Huawei chips

May 20, 2025
Tech

China’s Xiaomi to invest nearly $7 bn in chips

May 19, 2025
Next Post

Longer flight delays without compensation? EU plan divides

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

New York ruling deals Trump business a major blow

71

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Nvidia earnings beat expectations despite US export controls

May 28, 2025

US firms plan to pass Trump tariff costs to consumers: Fed minutes

May 28, 2025

Longer flight delays without compensation? EU plan divides

May 28, 2025

Telegram to get $300 mn in partnership with Musk’s xAI

May 28, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.