Andreessen Horowitz Leads $75 Million Investment in Quora's AI Chatbot Initiative – Read IT Quik
Source:
Quora
The popular knowledge-sharing platform Quora announced that it successfully raised $75 million in a funding round led by venture capital firm Andreessen Horowitz (A16Z). The substantial investment is earmarked for expanding its chatbot creator program – Poe, a groundbreaking initiative to revolutionize conversational artificial intelligence.
As per the company, most funding is expected to pay creators who make bots through the new creator monetization programs. The chatbot creator program seeks to enhance user engagement and interaction on the platform, leveraging AI to create dynamic and natural conversations.
The infusion of capital is expected to accelerate research, development and implementation of cutting-edge AI technologies, further solidifying Quora’s commitment to shaping the future of online discourse and information sharing.
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