revenue Archives

AppWizard

May 29, 2025

Elon Musk’s xAI partners with messaging app Telegram in $300 million Grok deal

Elon Musk has launched xAI, aiming to uncover fundamental truths of the universe. The startup has partnered with Telegram, agreeing to a 0 million investment for the Grok AI chatbot. Telegram will receive the initial payment and 50% of revenue from xAI subscriptions sold through its platform. Telegram's CEO, Pavel Durov, mentioned that users can expect advanced AI technology by summer, although Musk later stated that "no deal has been signed." Telegram has over one billion monthly users as of 2025 and is preparing to raise at least .5 billion through a bond issue. Durov is under investigation in France for allowing criminal activities on Telegram and is restricted from leaving the country. xAI has merged with X, valuing the AI company at billion and the social media platform at billion. Grok faced criticism for generating controversial responses, which xAI attributed to an unauthorized modification. The company is working to improve Grok's transparency and reliability.

AppWizard

May 28, 2025

Telegram Signs $300M Deal With Elon Musk’s xAI to Integrate Grok AI Into Its Messaging App

Telegram has partnered with Elon Musk's xAI to integrate the Grok AI service into its app for one year. The agreement includes a financial component of 0 million in cash and equity from xAI, along with 50% of the revenue from xAI subscriptions sold on Telegram. Telegram is also seeking to raise .5 billion through a bond offering, supported by investors like BlackRock, Mubadala, and Citadel, to repurchase debt from a previous bond issuance in 2021. Telegram reported a profit of million on revenues of .4 billion in 2024, and the TON token, the native currency of the TON Network, rose 18.5% following the announcement.

AppWizard

May 28, 2025

Elon Musk’s xAI, Telegram Partner To Distribute Grok To Messaging App’s Users

Elon Musk's AI venture, xAI, has partnered with Telegram in a [openai_gpt model="gpt-4o-mini" prompt="Summarize the content and extract only the fact described in the text bellow. The summary shall NOT include a title, introduction and conclusion. Text: Elon Musk's AI venture, xAI, has embarked on a significant partnership with Telegram, agreeing to a 0 million deal to integrate its Grok chatbot into the popular messaging platform. This strategic move aims to leverage Telegram's vast user base, which exceeds one billion, thereby enhancing xAI's position in the rapidly evolving artificial intelligence landscape. Details of the Partnership As part of the one-year agreement, xAI will not only provide its advanced chatbot technology but will also share half of any subscription revenue generated through Telegram. Pavel Durov, the founder of Telegram, announced this collaboration in a recent post on X, highlighting the potential benefits for both parties involved. The financial arrangement will be fulfilled through a combination of cash and stock, further solidifying the partnership's foundation. This collaboration comes on the heels of xAI's acquisition of X earlier this year, a deal that valued the social media platform at an impressive billion. The partnership with Telegram is expected to furnish xAI with essential data to refine and enhance its AI models, a critical factor as the industry grapples with the challenge of sourcing quality data amidst a landscape of exhausted open-source repositories. In a time when many AI companies, including major players like Meta Platforms, are increasingly relying on public interactions for model training, the integration of Grok into Telegram could provide xAI with a unique opportunity to gather valuable insights. While Telegram's privacy policy remains a point of interest, it is yet to be clarified whether xAI will adopt a similar approach to data utilization as seen with X. " max_tokens="3500" temperature="0.7" top_p="1.0" best_of="1" presence_penalty="0.1" frequency_penalty="frequency_penalty"] million deal to integrate its Grok chatbot into the messaging platform. The one-year agreement includes sharing half of any subscription revenue generated through Telegram. Pavel Durov, Telegram's founder, announced the collaboration, which will be financed through cash and stock. This partnership follows xAI's acquisition of X, valued at billion, and aims to provide xAI with essential data to enhance its AI models. The integration of Grok into Telegram may offer xAI valuable insights, although the implications of Telegram's privacy policy on data utilization remain unclear.

BetaBeacon

May 28, 2025

Android XR will be another DOA Google product

Google's success is driven by its hardware platforms Android and Chromebooks, which generate revenue through targeted ads. Samsung's strength lies in hardware, not software, making it unlikely to save Android XR from failure. The success of Android XR will depend on consumer interest in AR/VR products, which currently seems low.

AppWizard

May 27, 2025

Google Play’s latest security change may break many Android apps for some power users

Google's Play Integrity API has been updated as of May 2025 to include stricter security measures that verify app integrity on Android devices. The updated API aims to prevent abuse and protect sensitive information but excludes most custom ROMs, making it challenging for users who root their devices. This change means that many applications, particularly in banking, gaming, and medical services, may become inaccessible to rooted users. The new integrity verdicts—“basic,” “device,” and “strong”—now incorporate hardware-backed security signals, with the “strong” verdict requiring recent security patches. Developers will automatically transition to these stronger verdicts, enhancing security without additional effort. As a result, power users may be locked out of essential applications, and workarounds to bypass these restrictions are becoming less effective.

AppWizard

May 27, 2025

What brands can learn from Minecraft’s Chicken Jockey

Brands are increasingly required to engage with customers in digital spaces, with platforms like Roblox attracting 90 million daily active users. 56% of Gen Z prioritize styling their avatars over their own appearance, highlighting the need for brands to adapt to virtual environments. The gaming sector provides opportunities for product testing using digital twin technology, allowing brands to simulate scenarios and analyze data for trend forecasting. Retailers like Temu, Shein, and TikTok are rapidly creating products in response to trends, necessitating a shift from traditional six-month development cycles to real-time supply chains. Demand spikes can arise from various sources, and without a robust Order Management System (OMS), businesses risk losing sales. Accurate, real-time inventory visibility is crucial for managing demand spikes and anticipating future needs. Nike has launched Nikeland on Roblox for product testing and consumer engagement, while Snapchat offers AR features for virtual try-ons, allowing brands to gauge interest before physical launches. The intersection of gaming and commerce presents unique opportunities for innovative consumer engagement.

Winsage

May 27, 2025

Is adding SteamOS enough to ‘fix’ the Legion Go S?

A leading tech company plans to expand its operations into emerging markets to enhance its global footprint and tap into a growing consumer base. Key factors driving this expansion include increased internet penetration and smartphone usage, a young tech-savvy population, and the competitive advantage of early market entry. The company will invest in local partnerships and talent development to tailor its offerings to each market. Industry analysts are optimistic about potential revenue and market share growth from this initiative.

Winsage

May 25, 2025

‘Microsoft is the AI ringleader’: tech rivals flock to software giant’s stage

Microsoft showcased a suite of innovative AI products and strategic partnerships at its annual Build conference in Seattle, collaborating with companies like OpenAI, Nvidia, and xAI. The company introduced a coding “agent” and a platform for businesses to manage digital assistants. Microsoft is building the largest AI supercomputer in the world with Nvidia's chips in its data centers. Analysts noted that Microsoft is well-positioned in the AI sector, with its stock increasing over 8% in 2025. The company has integrated AI models into its products following its early investment in OpenAI and announced a deal to offer Anthropic’s Claude Code through GitHub Copilot. Microsoft aims to generate at least billion in annual revenue from its AI products. Nadella emphasized the importance of AI-enabled applications over general artificial intelligence, and industry experts highlighted the significance of Microsoft's recent developments in shaping the future of technology.

AppWizard

May 24, 2025

The new $249 Google AI Ultra plan just put a gulf between me and I/O

The Google I/O event this year focused heavily on artificial intelligence, with the introduction of the Google AI Ultra plan priced at per month. This subscription includes access to the Gemini 2.5 model, Flow with Veo 3, early access to Project Mariner, 30TB of Google One storage, and YouTube Premium. The event's presentations were primarily aimed at developers, with limited consumer-facing innovations. Key topics like Android and Wear OS were presented in a pre-recorded video, suggesting a shift in focus towards AI and Search initiatives. The high subscription cost may deter average consumers from engaging with these new offerings.

AppWizard

May 23, 2025

Google is on to your shenanigans: You won’t be able to use this VPN pricing trick anymore

Google has expanded its protections against regional pricing abuse on the Play Store to create a fairer environment for app developers and users. The company is now automatically detecting and blocking purchases that exploit regional price differences, allowing developers to offer localized pricing without the risk of revenue loss. Additionally, Google Play is providing developers with more control over payment location restrictions and has strengthened protections against the misuse of free trial pricing for subscriptions.