Telegram Teams Up with xAI to Integrate Grok AI Chatbot, Boosting Toncoin Price

Telegram and Elon Musk’s xAI have announced a major partnership, integrating Grok AI chatbot into Telegram’s messaging platform. This collaboration resulted in a 23% surge in Toncoin (TON) price shortly after the announcement. Pavel Durov, CEO of Telegram, highlighted the significant financial implications of this $300 million agreement, including a share of xAI’s subscription revenue generated via Telegram.