Quora raises new funding for its AI chatbot platform Poe.

Quora has raised $75 million in funding from Andreessen Horowitz's growth fund. The funding will accelerate Poe's growth and pay bot creators on Poe through its creator monetization program.

What’s going on here?

Quora raises new funding for its AI chatbot platform Poe.

What does that mean?

Quora is now valued at $500M, much lower than its peak valuation of $2B+ in 2021. But excluding Poe, Quora is cash flow positive, so all of this new funding will be used on Poe.

Exactly where? Adam says on the creator monetization program for its program where developers can create bots on Poe. 

Why should I care?

OpenAI’s GPT store is launching this week. That also aims to offer creator monetization. Poe also provides models other than OpenAI’s GPTs for developers to use. This feels like the browser wars of the previous era, it’ll be interesting to see who gets the attention from different types of consumers (developers, non-technical users, etc.)