In a most curious turn of events, the illustrious tech magnate, Mr. Elon Musk, has most emphatically denied any formal alliance with the esteemed messaging platform, Telegram, regarding the integration of the Grok AI chatbot. One might say that Mr. Musk’s declaration has left the claims of Mr. Pavel Durov, the CEO of Telegram, rather deflated, akin to a balloon that has lost its fervor after a particularly raucous celebration. π
Indeed, Mr. Durov had previously proclaimed a grand partnership, boasting of a $300 million cash-and-equity arrangement with Mr. Musk’s xAI, which now appears to be as substantial as a puff of smoke. The once-promising Toncoin (TON), which had enjoyed a brief moment of glory with a 12% increase on Wednesday, now seems to be losing its luster at an alarming rate. One might wonder if it has taken a tumble down a particularly steep hill! ποΈ
On the 28th of May, Mr. Durov had announced with great fanfare that his firm would incorporate the Grok AI Chatbot into its social platform, as part of a revenue-sharing partnership that promised to be the talk of the town. This arrangement, which included a rather generous $300 million package and a delightful 50% of xAI subscription sales generated through Telegram, now appears to be nothing more than a fanciful dream. π
However, in a most unexpected twist, Mr. Musk took to the X platform to quash the excitement, stating with all the gravity of a gentleman at a tea party: βNo deal has been signed.β This proclamation sent the community into a veritable frenzy, as they pondered the implications of such a revelation. Moments later, Mr. Durov, perhaps realizing the folly of his earlier exuberance, concurred with Mr. Musk, adding: βTrue. Agreed in principle, but formalities…β Ah, the formalities! How they do have a way of complicating matters! π
For further details, one may wish to peruse the full account at Coingape.com.
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2025-05-29 15:32