New updates have been reported about xAI (PC:XAIIQ)
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xAI, the artificial intelligence company founded by Elon Musk, has entered into a strategic partnership with Telegram to distribute its chatbot, Grok, across the messaging platform. This collaboration involves a significant investment, with xAI committing $300 million in cash and equity to Telegram. As part of the agreement, Telegram will receive 50% of the revenue generated from xAI subscriptions purchased via the app. This move marks a substantial step for xAI in broadening the accessibility of Grok, which was initially available only to Telegram’s premium users but is now poised to reach a wider audience.
The integration of Grok into Telegram’s ecosystem allows users to pin the chatbot at the top of their chats and interact with it through the search bar. This functionality positions Grok as a versatile tool capable of providing writing suggestions, summarizing content, and assisting with chat moderation. The partnership reflects a growing trend of integrating AI capabilities into messaging platforms, as seen with Meta’s recent integration of AI into Instagram and WhatsApp. For xAI, this deal not only enhances the visibility and utility of Grok but also aligns with broader market trends towards AI-driven communication solutions. The financial and strategic implications of this partnership are significant, offering xAI a robust platform to expand its user base and revenue streams.