Instant messaging app Telegram has signed a deal with Xai for Elon Musk to integrate Grok AI services within the app.
Telegram founder Pavel Durov revealed on X that Telegram has agreed to a one-year partnership in which Telegram receives $300 million in cash and shares from Xai, along with 50% of revenue from Xai subscriptions sold through Telegram.
“Together, we will win!” wrote Doloff.
Ton tokens, which have a close link to Telegram, have grown 18.5% over the past 24 hours since they began to surge two hours before the announcement was made.
The move continued after the announcement, rising from $3.28 to $3.55.