Telegram, Musk-owned xAI partner to distribute Grok to messaging app's users

Under the one-year deal, xAI will also give Telegram half of any subscription sales made through the messaging app, Telegram founder Pavel Durov said in a Wednesday post on X, adding that the $300 million will be paid in cash and stock. The deal could provide xAI, which acquired X earlier this year in a deal that values the social media platform at $33 billion, with valuable data to train and develop its AI models.

Raccontata dafinance.yahoo.com