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.