Elon Musk Denies Telegram Partnership with xAI, Sparking Market Uncertainty

A potential partnership between Telegram and the AI firm xAI has sparked controversy after CEO Pavel Durov announced an agreement to integrate AI features into the messaging platform. However, Elon Musk, CEO of xAI, refuted these claims, casting doubt on the deal’s validity. This conflicting information has already impacted market sentiment, leading to speculation regarding Telegram’s strategic direction and its financial implications. While analysts anticipate the partnership’s potential for significant market growth, investors remain cautious due to the absence of official confirmation. The situation highlights the challenges associated with navigating high-profile partnerships, particularly when regulatory or legal considerations come into play.