xAI, Musk and debt sale
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Cryptopolitan on MSNMusk to sell $300 million in xAI stock through secondary offeringElon Musk is arranging a $5 billion debt sale for his artificial intelligence startup xAI Corp., the latest funding move as he steps away from politics and refocuses on his companies. According to Bloomberg’s source with direct knowledge of the deal,
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GlobalData on MSNxAI to integrate Grok chatbot with Telegram in $300m dealTelegram has partnered with xAI, Elon Musk’s AI company, to integrate the latter’s Grok chatbot across all Telegram apps. As part of the one-year deal, xAI will make $300m payment in combination of cash and equity to Telegram.
Telegram established a partnership with Elon Musk's xAI to provide the Grok generative artificial intelligence program on the messaging service for one year, Telegram's CEO announced Wednesday.
Kalshi has had to take back its announcement that it had a deal with Elon Musk's xAI, but how did this happen?
The company xAI is paying the messaging platform Telegram $300 million to bring the chatbot Grok to its users. This deal is only for a year.