Ah, dear reader, gather ’round as we delve into the curious case of Telegram and its audacious overture to the illustrious Elon Musk! It appears that the grand partnership with Musk’s xAI is now shrouded in a fog thicker than a Petersburg winter. Just moments after the gallant Telegram CEO, Pavel Durov, proclaimed a $300 million deal to integrate the Grok chatbot into their messaging realm, Musk, in his infinite wisdom, declared, “No deal has been signed.” Oh, the drama! 🎭
On a fateful Wednesday, Durov, with the confidence of a man who just found a ruble in his coat pocket, announced that the two titans had agreed “in principle” to a partnership lasting a year. This deal, he claimed, would not only involve a hefty $300 million cash-and-equity investment from xAI but also a delightful 50% slice of the subscription revenue pie generated from Grok within the hallowed halls of Telegram. 🍰
Imagine, if you will, Grok being woven into the very fabric of Telegram’s apps this summer, bestowing upon its users the magical powers of smart search, message rewriting, and content moderation. A veritable cornucopia of AI wonders! But alas, the fates had other plans.
Musk’s Rebuttal: A Comedy of Errors
In a twist worthy of the finest Russian literature, Musk’s brief comment on X sent ripples through the digital ether: “No deal has been signed.” Following this bombshell, our dear Durov, perhaps feeling a tad sheepish, retreated into the shadows of uncertainty, muttering that the agreement was still pending final documentation. Oh, the irony! 😂
As if this were not enough, Telegram finds itself at a crossroads, having recently announced plans to raise a staggering $1.5 billion in a bond sale, with institutional investors like Citadel, BlackRock, and Mubadala lurking in the background like characters in a Dostoevsky novel. 📈
Durov had confidently asserted that the Grok partnership would fortify Telegram’s financial fortress following its projected 2024 profit of $540 million. Yet, despite the lack of a finalized deal, Toncoin (TON), Telegram’s crypto companion, initially soared nearly 19% on the news, only to plummet back down after Musk’s reality check. Such is the life of a cryptocurrency! 💸
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2025-05-29 17:46