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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

#301

Post by littlestymaar »

colordrops wrote: post #291
dotcoma wrote: post #274

Earlier quoted context omitted.

Maybe not. But how much are they going to make by spending these 300 million USD ?

Are you claiming it's a stupid business decision, or something else? Because they must be thinking that there is a profit to be made somewhere, either through training data or brand exposure to Telegram's 1 billion users.

Or Musk just want to say “hey, we growed in users by x%” this year so that he can keep pretending being in the race, for some street cred', like the way he pays some progamer in Asia to boost his PoE2 account.

Re: xAI to pay telegram $300M to integrate Grok into the chat app

#302

Post by rendang »

JumpCrisscross wrote: post #228
iamtheworstdev wrote: post #61

the good news is that when this doesn't yield any positive results for xAI and they need a bailout then they'll get bought by Tesla, and Elon is saved once again.

Given Tesla’s current prospects it seems more likely that xAI or SpaceX wind up bailing it out.

Market seems to think pretty highly of Tesla's prospects given the 1T+ market cap

Re: xAI to pay telegram $300M to integrate Grok into the chat app

#305

Post by miohtama »

pier25 wrote: post #243
ben_w wrote: post #215

Earlier quoted context omitted.

> 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.…

TIL Telegram has like 1 billion users.

It has more users. 1B is monthly active if I recall correctly.

Re: xAI to pay telegram $300M to integrate Grok into the chat app

#306

Post by miohtama »

culebron21 wrote: post #35

Well, as a 9-year user of Telegram, I expected some monetization and paid mode, but looks like we're going to be used otherwise, for more free cheese.

Telegram made $500M profit at ~1.3B revenue.

Revenue comes from ads and premium users and some minor sources.

Re: xAI to pay telegram $300M to integrate Grok into the chat app

#307

Post by XorNot »

game_the0ry wrote: post #175
z3dd wrote: post #125

Earlier quoted context omitted.

oh, cause telegram is not a chat app, it's Facebook of eastern Europe

And how is the data of Eastern Europe as valuable as xAI is paying for it?

AI training data is in short supply from new sources. Chat and group apps are handy for many reasons, but one obvious one is people posting images with caption text they provide basically does your image tagging for free (remember the original big image model was just a list of URLS with useful alt-text descriptions).

Re: xAI to pay telegram $300M to integrate Grok into the chat app

#308

Post by malfist »

throwanem wrote: post #295
nikanj wrote: post #232

Earlier quoted context omitted.

Google is paying Mozilla to keep Firefox on life support - so that they can pretend Chrome has competitors

Is or was? They just lost that suit, didn't they?

The case hasn't been decided yet

Re: xAI to pay telegram $300M to integrate Grok into the chat app

#310

Post by XorNot »

rendang wrote: post #302
JumpCrisscross wrote: post #228

Earlier quoted context omitted.

Given Tesla’s current prospects it seems more likely that xAI or SpaceX wind up bailing it out.

Market seems to think pretty highly of Tesla's prospects given the 1T+ market cap

I direct your attention to the market a few months before the 2008 crash.
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