Elon Musk's xAI has agreed to pay Telegram a sum of $300 million to incorporate Grok AI into their platform.
Elon Musk's AI company, xAI, has announced a one-year partnership with the popular messaging app Telegram. This collaboration aims to integrate and distribute xAI's AI chatbot, Grok, to Telegram's user base of over one billion.
As part of this deal, xAI will invest $300 million into Telegram's platform, a mix of cash and xAI equity. Telegram will also receive a 50% share of the revenue generated from xAI subscriptions sold through its platforms.
Key details of the partnership include:
- xAI will pay Telegram $300 million in a combination of cash and equity, marking a significant investment by xAI into Telegram’s platform to enable Grok’s full functionality within the messaging app.
- Telegram will host and distribute Grok AI, effectively embedding it within its messaging ecosystem to provide AI-powered services to its large user base.
- The revenue-sharing agreement grants Telegram half of the income from xAI subscription sales linked to Telegram, strengthening the financial incentives for both parties.
- This collaboration leverages Telegram’s public APIs and bot integration capabilities, allowing Grok to be embedded seamlessly as a feature within Telegram’s platform.
- The rollout of Grok on Telegram positions xAI’s AI model as a core AI assistant within one of the world’s most popular messaging apps, supporting Musk’s broader vision of integrating AI across his business ecosystem.
Telegram, which passed the 1 billion monthly users milestone this year, has seen a significant increase in its Premium subscribers. With over 15 million subscribers, the premium tier offers exclusive features and functions for a fee.
Elon Musk, in a recent announcement, stated that xAI's future is intertwined with X's, suggesting a potential expansion of this partnership in the future. The integration of Grok across all Telegram apps is expected to commence this summer.
Sources:
- CNBC
- TechCrunch
- The Verge
- The Information
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