we will receive $300M in cash and equity from xAI, plus 50% of the revenue from xAI subscriptions sold via Telegram
Maybe the revenue from xAI subscriptions turns this into a profit. Telegram has a lot of active users.
Comment on Telegram will integrate Elon Musk's Grok A.I into the app
ExLisper@lemmy.curiana.net 9 months ago
we will receive $300M in cash and equity from xAI
Wait, Elon is paying Telegram to use Grok? Probably why I’m not a multi billionaire but paying people to use your service sounds like a weird business model.
abobla@lemm.ee 9 months ago
ExLisper@lemmy.curiana.net 9 months ago
Yeah, but are the subscriptions profitable? OpenAI is losing money on subscriptions: techcrunch.com/…/openai-is-losing-money-on-its-pr…
abobla@lemm.ee 9 months ago
Good point, didn’t think of that.
shirro@aussie.zone 9 months ago
Paying to get access to your customers data and eyeballs. Social media is about mass surveillance and influence. The customers pay the service for access to the stupid people. Always have.