Elon Musk Denies Formal Deal with Telegram on AI Integration
- Elon Musk has not signed a formal partnership with Telegram for integrating the Grok AI chatbot.
- Telegram CEO Pavel Durov announced a $300 million cash-and-equity deal with xAI, but formalities are pending.
- Durov’s post suggests the deal could still proceed as planned.
- Telegram raised $1.5 billion from BlackRock through bond issuance to repurchase remaining debt maturing in March 2024.
- Toncoin (TON) surged 15% following Durov’s announcement but later dipped by 3% within 24 hours.
Elon Musk clarified that no formal agreement has been signed with Telegram regarding the Grok AI chatbot integration, despite Pavel Durov’s announcement of a potential $300 million deal. Meanwhile, Toncoin experienced volatility, initially surging before dipping slightly.
Source (2.6)https://coingape.com/elon-musk-says-no-deal-with-telegram-ton-crash-begins/?rand=24432
