- Deal remains unsigned despite initial announcement by Telegram’s CEO.
- Stocks react negatively to partnership uncertainty.
- TON cryptocurrency experiences notable volatility.
Elon Musk’s xAI and Telegram’s partnership on integrating Grok into Telegram faces uncertainty after conflicting announcements from CEOs Musk and Durov on May 28, 2025.
The situation underscores the potential impact of communication between major tech CEOs on market sentiments and cryptocurrency values.
The agreement to integrate Grok into Telegram apps was initially announced by Pavel Durov, stating a partnership with significant compensation. Elon Musk clarified that no signed deal exists currently. Pavel Durov had mentioned, “Telegram and xAI have agreed to a 1-year partnership to distribute Grok to Telegram’s billion+ users and integrate it into its apps. Telegram will receive $300M in cash and equity from xAI, plus 50% of revenue from xAI subscriptions sold via Telegram. Together, we win!”
This development already affected the TON cryptocurrency, causing price volatility and market correction. Telegram’s user base would gain increased access to AI features, potentially driving further technological innovation in the messaging app space.
Despite uncertainties, a successful partnership could have far-reaching technological and market implications, leveraging Telegram’s extensive network. Previous AI trials on Telegram highlight its potential as a platform for AI technologies, especially if formalized agreements move forward, potentially affecting future cryptocurrency markets. More on Pavel Durov’s emphasis on user data protection.
