If this is something their users actually wanted, they'd be paying xAI, not the other way around.
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xAI to pay telegram $300M to integrate Grok into the chat app
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Re: xAI to pay telegram $300M to integrate Grok into the chat app
#242Re: xAI to pay telegram $300M to integrate Grok into the chat app
#243Call me stupid, but I fundamentally do not grasp why xAI would pay Telegram for access to its users. $300M seems like a crazy amount of money to put into a chat app. I am genuinely curious about the business strategy behind the move bc that would be a market worth exploring - having something that the AI industry would pay for bc they are willing to spend a lot right now.
> Call me stupid, but I fundamentally do not grasp why xAI would pay Telegram for access to its users. Perfectly valid question. IMO, because xAI is the junior partner in this relationship. Telegram is bigger and more important than X. Unlike the 45 billion self-purchase price xAI paid for X, the realistic value for X is, what, 9 billion? I've heard Telegram is estimated to be in the 30-40 billion range: https://web.…
Re: xAI to pay telegram $300M to integrate Grok into the chat app
#244Re: xAI to pay telegram $300M to integrate Grok into the chat app
#245Earlier quoted context omitted.
Most people have no idea who the CEO of the various tech companies are and don't care.
True, but Musk is an exception. And deliberately so, his media image was one of the things that made Tesla so notable. But we’re seeing recently that it goes both ways.
"The public doesn't care who the CEO is" is certifiably not true for Musk ventures, and Musk exploited that brand value in the past positively. The inauguration Seig Heil, and the subsequent DOGE misadventures are the other side of that "personal brand" coin, which very much exists for this CEO.
Re: xAI to pay telegram $300M to integrate Grok into the chat app
#246Earlier quoted context omitted.
I really don't get the sentiment of everything Russia. Russia has the GDP of a province of China. Russia does not have a thriving manufacturing sector. Russia has increasingly less influence or power over the world. Why would powerful people in the US succumb to to Russia's influence? That just does not make sense. If anything, maybe the Lenin-loving Stalin-admiring Marxists would love Russia, like half of the univer…
They have nuclear bombs. A lot of them. And the person who controls them has little to lose in using them. So we have to be nice and keep that person happy.
Re: xAI to pay telegram $300M to integrate Grok into the chat app
#247If this is something their users actually wanted, they'd be paying xAI, not the other way around.
So, the question is whether they should pay to generate demand in a new market. Then, who to pay and how much?
I'll also note that OpenAI took the market by offering an expensive service for free (ChatGPT). Then, they offered a monthly plan that may or may not have been profitable. One could argue that OpenAI has been paying people to use its service for a long time.
I also wonder if xAI gets something out of it. For instance, they might get all the conversations with the AI. I believe ChatGPT similarly put free, user conversations to use internally in ways that boosted their paid apps. xAI might have some plays like that.
Re: xAI to pay telegram $300M to integrate Grok into the chat app
#248Earlier quoted context omitted.
By number of fully EV sold each quarter. Take out hybrids from the metric because Tesla does not make hybrids
Valid. And I do think they'll continue to own the lion's share of total sales for a while. But is there any concern over their being down YOY for Q1 while other manufacturers are largely growing? Or is the expectation that it's a temporary blip and they'll continue growing in the upcoming quarters from previous YOY numbers?
Maybe in the US where they are protected from Chinese competition. Tesla's fall in Europe has been precipitous, falling by more than 50% YoY. BYD sales overtook Tesla for the first time ever in the last quarter in Western Europe.
Re: xAI to pay telegram $300M to integrate Grok into the chat app
#249Earlier quoted context omitted.
Google pays Apple because Google has paying customers for that in their advertisers. For xAI to pay Telegram... where does xAI get value back out of that? I guess we'll be seeing AI with ads soon?
That’s the industry consensus. Sam Altman talked about something similar on a Stratechery podcast. It not exactly unrealistic to imagine that people will ask LLMs about flights, hotels, restaurants or even insurance. All that needs to happen is for LLMs to add a “buy now” button, and for the provider to take a 15% commission (still a lower take rate than Expedia FWIW).
Re: xAI to pay telegram $300M to integrate Grok into the chat app
#250Earlier quoted context omitted.
They have nuclear bombs. A lot of them. And the person who controls them has little to lose in using them. So we have to be nice and keep that person happy.
That's diplomacy? That does not mean that high officials and the richest people in the world bought Russia's propaganda machine, if any, or worse, get bought by Russia, right?
It's billionaires helping billionaires.