A deal that would bring xAI’s Grok to Telegram has apparently not been signed, despite prior reporting, putting sell pressure on TON’s recent rally.
This summer, Telegram users will gain access to the best AI technology on the market. @elonmusk and I have agreed to a 1-year partnership to bring xAI’s @grok to our billion+ users and integrate it across all Telegram apps
This also strengthens Telegram’s financial… pic.twitter.com/ZPK550AyRV
— Pavel Durov (@durov) May 28, 2025
“No deal has been signed,” Musk posted late Wednesday in response to the Telegram founder’s announcement.
TON, a token associated with Telegram, dropped from $3.60 to $3.40 in the moments after the tweet. The token had been on a rally in the hours after the announcement, previously up 14% on-day, according to CoinDesk market data.
More to come…
