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Telegram founder: Telegram has reached a cooperation with xAI and received $300 million in cash and equity from xAI.
On May 28, Telegram founder Pavel Durov stated on a social platform that Telegram has reached a one-year cooperation protocol with xAI, which will distribute Grok to over a billion Telegram users and integrate it into the Telegram application. Telegram will receive $300 million in cash and equity from xAI, and will obtain 50% of the xAI subscription revenue generated through Telegram sales.