Elon Musk said on May 28 that despite the announcement of Telegram founder Pavel Duvov, Xai had not signed an agreement with Telegram to distribute the Grok Large Languages ​​Model. Early on the same day.
Durov writes that he and Musk have “agreed to a one-year partnership” and will place Grok within all Telegram applications, offering “$300 million cash and stock” to the chat platform, along with half of all Grok subscriptions sold through Telegram.
Musk replied to X several hours later, “The deal has not been signed.” Durov acknowledged this point, saying that the two “in principle agreed” while “the proceedings are pending.”
Neither party disclosed the target date for completing the final document or launching the project.
Funding Pushing Achieves Company’s Goals
Telegram is funding operations, carrying more than $1 billion in debt related to the bond issues that emerged in 2021 and 2023.
Doloff, who has long provided funding to the company through personal loans, is seeking a new revenue stream before the bond maturity next year.
Based on draft terms, Xai will send $300 million to the telegram, placing shares in the stocks that both companies refuse to quantify. Telegram also receives repeated shares of GROK fees collected through the in-app purchase channel.
Musk launched Xai last July and trained Grok on public data and content licensed from X. The model competes with Openai’s ChatGpt, Anthropic’s Claude, and Google’s Gemini.
With telegram integration, Grok has an immediate reach of around 600 million registered accounts on X.
Musk closes government participation
Musk’s statement regarding the unsigned contract came as he left his temporary seat in the efficiency of the US government, known internally as Doge.
White House Confirmed on May 28th The 130-day allocation for billionaires ends this week as a special government employee. Musk confirmed his departure Posted on May 28th, I am grateful to President Donald Trump for repeating his goal of appointing him and reducing federal spending.
Musk filled in the designation of “special government employee.” This allows you to work for the federal government for 130 days each year. Considering Trump’s first day at the White House on January 20th, the designation will expire at the end of May.
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