Telegram and X have not yet signed an agreement that would bring Xai’s Grok to Telegram, despite the fact that Pavel Durov de Telegram announces it earlier on Wednesday, exerting sales pressure on the recent rally of tone.
The agreement would see Telegram receiving 50% of the income from XAI subscriptions sold via its platform, as well as 300 million dollars in cash and equity while the messaging giant seeks to raise $ 1.5 billion via an obligation offered by Blackrock, Mubadala and Citadel, said Coindesk previously.
🔥 This summer, telegram users will have access to the best AI technology on the market. @elonmusk And I accepted a one -year partnership to bring xai @grok to our billions + users and integrate it into all telegram applications 🤝
💪 This also strengthens Telegram’s financial … pic.twitter.com/zpk550ayrv
– Pavel Durov (@durov) May 28, 2025
“No agreement has been signed,” XAI CEO, Elon Musk said on Wednesday in response to the announcement of the Telegram founder.
Ton, a token associated with the telegram, went from $ 3.60 to $ 3.28 in the moments following the tweet. The token had participated in a rally in the hours that followed the announcement, which increased by 14% today, according to data from the Coindesk market.
Pavel Durov de Telegram later posted on X that Musk’s declaration was true.
“Currently agreed, but the formalities are pending,” he wrote.
Update (May 28, 23:17 UTC) Updating price information, Durov declaration.
