Related News

India’s foreign exchange reserves fell by $4.386 billion to $690.72 billion in the week ended August 22, the Reserve Bank of India (RBI) said on Friday.The overall reserves had risen

India’s fiscal deficit touched 29.9% of the full-year target at the end of July, data released by the Controller General of Accounts (CGA) on Friday showed.The gap between government expenditure

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, arrives to pay his last respect to Indian industrialist Ratan Tata at the National Centre for the Performing Arts (NCPA) ahead

India’s GDP growth (AI image) India’s GDP grew at a robust 7.8% for the first quarter of the current financial year 2025-26, beating estimates by over a full per cent.

The rupee on Friday tumbled past the 88-per-dollar mark for the first time, finishing the day at an all-time closing low of 88.19 (provisional). The sharp fall of 61 paise

Reliance Industries Ltd (RIL) on Friday announced a joint venture with social media major Meta, with an initial investment of about Rs 855 crore ($100 million), to build and scale

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Elon Musk’s xAI partners with messaging app Telegram for Grok

Word Count: 397 | Estimated Reading Time: 2 minutes


Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. 

Jaap Arriens | Nurphoto | Getty Images

Elon Musk’s startup xAI is paying the Dubai-based messaging platform Telegram $300 million to roll out its Grok artificial intelligence chatbot, Telegram CEO Pavel Durov announced in a post on Wednesday.

Durov said he and Musk struck a year-long partnership that “strengthens Telegram’s financial position.”

In addition to the $300 million payment from xAI, Telegram will also earn 50% of the revenue from xAI subscriptions that are sold on the platform, according to Durov.

“This summer, Telegram users will gain access to the best AI technology on the market,” Durov wrote.

xAI and Telegram did not immediately respond to CNBC’s request for comment.

Telegram passed 1 billion monthly users in 2025, and the company is set to raise at least $1.5 billion in a bond issue on Wednesday, according to a report from the Wall Street Journal. The messaging platform is popular in countries like Russia and Ukraine, where it is used by government officials and the military.

Durov is facing an investigation in France, where he is a citizen, for allegedly allowing criminal activity including drug trafficking, fraud and child pornography on Telegram. Following his arrest in August, Durov has been barred from leaving France without authorization.

Telegram said in a previous statement posted on Musk’s social media platform X that it abides by EU laws, and that Durov has “nothing to hide.”

The Russian-born billionaire left Russia in 2014, according to Telegram’s website, and is also a citizen of the United Arab Emirates.

In March, Musk announced xAI merged with X in a deal that values the AI company at $80 billion and the social media company at $33 billion. The company’s Grok chatbot was under fire earlier this month after it began responding to user queries with unrelated comments about the controversial topic of “white genocide” in South Africa.

xAI said the responses were triggered by an “unauthorized modification” that “violated xAI’s internal policies and core values,” according to a post from the company on X.

“We have conducted a thorough investigation and are implementing measures to enhance Grok’s transparency and reliability,” xAI said in the post.

Experts said the Grok responses, and other AI chatbot errors, show how susceptible the systems are to tampering.

WATCH: Arrest of Telegram CEO ‘unprecedented’, says postdoctoral researcher

Arrest of Telegram CEO 'unprecedented', says postdoctoral researcher



Source link

Most Popular Articles