FILE PHOTO: xAI and Grok logos are seen in this illustration taken, February 16, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) -Elon Musk's AI startup xAI will pay Telegram $300 million to deploy its Grok chatbot on the messaging app, aiming to tap the platform's more than one billion users and sharpen its competitive edge in the booming artificial intelligence market.
Under the one-year deal, xAI will also give Telegram half of any subscription sales made through the messaging app, Telegram founder Pavel Durov said in a post on X earlier on Wednesday, adding that the $300 million will be paid in cash and stock.
