RT.com
29 May 2025, 15:17 GMT+10
The popular messaging platform is set to bring Grok AI to over a billion users, CEO Pavel Durov has announced
Elon Musk's startup xAI will invest $300 million and deploy its Grok AI chatbot in partnership with the messaging app Telegram, according to a statement by the app's CEO Pavel Durov published on Wednesday.
In announcing the deal, Durov said that he and Musk had agreed to a one-year partnership designed to strengthen Telegram's financial position.
"We will receive $300M in cash and equity from xAI, plus 50% of the revenue from xAI subscriptions sold via Telegram," he said.
Musk later stated on X that "no deal has been signed," without providing any additional details, prompting Durov to clarify that the parties had reached an agreement in principle, with formalities still to be finalized.
Telegram said Grok AI is set to be integrated into Telegram, with users expected to begin accessing the AI-powered features starting this summer. Users will be able to interact with Grok directly within the app, using a built-in chatbot to generate content or engage in open-ended conversations on a wide range of topics.
The partnership with xAI comes amid an effort by Telegram to raise at least $1.5 billion through a new bond issuance, including from existing backers such as BlackRock and Abu Dhabi investment firm Mubadala. Telegram is reportedly expected to use the funds to buy back debt issued through an earlier bond sale.
The deal signals that investors continue to support Telegram, even as its CEO faces charges in France.
Durov, whose company is based in Dubai, was arrested in France in August 2024 and accused of complicity in crimes allegedly committed by Telegram users, including extremism and child abuse. He was later released on €5 million ($5.46 million) bail. Although he was allowed to travel to the UAE in March, his recent request to visit the US was denied, and he remains under restricted supervision.
Telegram's popularity continues to grow as the app maintains free services for users. In 2025, the messenger surpassed one billion monthly users and last year the app achieved over $1 billion in revenue, marking its first profitable year since introducing monetization. The company's financial growth has reportedly been driven by a surge in Telegram Premium subscribers and strong advertising performance.
(RT.com)
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