Quora raises $75 million from a16z to accelerate development of AI chat platform Poe

Adam D'Angelo, CEO of Quora, announced in a post that Quora has raised US$75 million from a16z, valuing the company at US$500 million. The funds from this round of financing will be mainly used to accelerate the development of its AI chat platform Poe, and it is expected that most of the funds will be paid to the creators of Bots on the platform through its creator monetization plan. Quora hit a new high in usage last week, with more than 400 million unique monthly visitors. With the exception of Poe, Quora is cash flow positive, so all new funding will be focused on Poe's development. Poe's goal is to become the best way for consumers to chat with various AI products, as well as provide developers with the easiest way to build AI chat products and attract large audiences, including creating bots using existing models and uploaded files, and training models on their own. .