Telegram Founder: Telegram Reaches Cooperation with xAI, Receives $300 Million in Cash and Equity from xAI
Pavel Durov, the founder of Telegram, stated on social media that Telegram has reached a one-year cooperation agreement with xAI to distribute Grok to Telegram's over one billion users and integrate it into the Telegram app.
Telegram will receive $300 million in cash and equity from xAI and will obtain 50% of the subscription revenue from xAI sold through Telegram.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Today, BTC options with a notional value of $13 billion expire, with the max pain point at $98,000.
CME Group: BrokerTec EU market is now open for trading, all other markets remain suspended
Animoca Brands plans to go public on Nasdaq in 2026
Trending news
MoreCrypto prices
More
