XAI TO PAY TELEGRAM $300M TO INTEGRATE GROK INTO THE CHAT APP

Summary from the TLDR newsletter

Telegram and xAI have partnered to integrate Grok into apps available on Telegram's platform for one year. xAI paid $300 million in cash and equity as part of the deal. Telegram will also earn 50% of the revenue from xAI subscriptions purchased through the app. Grok was already available to Telegram's premium users early this year, but it seems the chatbot is now going to be made available to all users.