In a strategic collaboration, Telegram has inked a lucrative deal with Elon Musk’s xAI to distribute its innovative Grok AI platform to the messaging app’s vast user base. While this marks a major move in Telegram’s vision of AI innovation, the TON price is surging and is up by 23%. Telegram Enters into a One-Year xAI Deal: What It Means? Building on earlier discussions, Telegram CEO Pavel Durov has finalized a one-year partnership with tech billionaire Elon Musk’s xAI. As announced by Durov, Telegram will get $300 million in cash and equity from xAI, plus 50% of revenue from subscriptions sold through its platform. His X post read, Telegram will receive $300M in cash and equity from xAI, plus 50% of revenue from xAI subscriptions sold via Telegram. Together, we win. Notably, this strategic deal comes on the heels of a $.15 billion funding that Telegram received through a BlackRock,… Read More at Coingape.com

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