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Filings: Chinese AI startups Zhipu and MiniMax report 2024 revenue of $44.4M and $30.5M, respectively, as both prepare for Hong Kong IPOs in the coming weeks (Bloomberg)

Bloomberg : Filings: Chinese AI startups Zhipu and MiniMax report 2024 revenue of $44.4M and $30.5M, respectively, as both prepare for Ho...

28 May 2025

Pavel Durov says Telegram and xAI agreed a one-year deal to distribute Grok; Telegram will get $300M in cash and equity from xAI and 50% of subscription revenue (Oliver Knight/CoinDesk)

Oliver Knight / CoinDesk:
Pavel Durov says Telegram and xAI agreed a one-year deal to distribute Grok; Telegram will get $300M in cash and equity from xAI and 50% of subscription revenue  —  Telegram will also receive 50% of revenue from xAI subscriptions sold via the app.  —  What to know:

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