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Quora raised $75M from a16z to grow Poe, its AI chat bot platform

TechCrunch · 1y ago

Quora raised $75M from a16z to grow Poe, its AI chat bot platform

After 7 years from the last fundraise, Quora has raised %75M from a16z to scale its chatbot Poe. Quora is overall cashflow positive but has raised this round to scale in the creator economy chatbot space through its chatbot Poe. a16z said it is super bullish on the Quora team and potential of Poe.

Related News

Poe introduces a price-per-message revenue model for AI bot creators

TechCrunch · 1y ago

Poe introduces a price-per-message revenue model for AI bot creators

Quora-owned AI chatbot platform, Poe, has introduced a new revenue model that allows creators to set a per-message price for their bots. This follows the release of a revenue-sharing program last year. Users will still see message points while creators will be paid in dollars. The new model aims to support developers with substantial costs and encourage the development of new types of bots. Additionally, Poe has launched an enhanced analytics dashboard to provide creators with insights into their bot usage and revenue.

Quora's Poe releases a developer API with access to a bouquet of AI models | TechCrunch

TechCrunch · 7d ago

Quora's Poe releases a developer API with access to a bouquet of AI models | TechCrunch

Quora's AI platform Poe has launched an API enabling developers to access various models or bots without a separate fee. Usage is tracked through Poe's point-based subscription plans. Developers can power tools compatible with OpenAI’s chat APIs, accessing over 100 multimodal models. Poe is also working on enhanced private bot and key management options. The API aims to facilitate app creation, with potential future improvements based on developer feedback.

Quora's AI chatbot Poe continues rapid updates with new features

Startup News FYI

Startup News FYI · 1y ago

Quora's AI chatbot Poe continues rapid updates with new features

Quora's AI chatbot product, Poe, has introduced several enhancements including a search for custom bots and an enterprise tier in its premium plans. Poe announced an upcoming enterprise package for corporate usage, likely enabling group subscriptions for premium access. The chatbot's language capabilities now include Japanese, and a search function helps users find custom chatbots. Poe also added a "temperature" control for responses and introduced threading for separate conversations. The platform aims to position itself as a versatile AI chatbot tool, continually expanding its offerings to adapt to the evolving landscape of conversational technology.

ChatGPT can now be used on WhatsApp: Here’s how to get started | Mint

Livemint

Livemint · 7m ago

ChatGPT can now be used on WhatsApp: Here’s how to get started | Mint

OpenAI has announced that ChatGPT, their powerful language model, can now be accessed as a dedicated bot on WhatsApp. This new feature allows users to text chat with ChatGPT, receive answers to queries, and complete various tasks such as grammar correction and research. To use ChatGPT on WhatsApp, users need to save its number (+18002428478) as a contact and initiate a chat. Unfortunately, image sharing and attachment uploads are not available on this platform, unlike the website and app. However, US users do have the option to call the ChatGPT bot in areas with cellular connectivity but limited internet access.

Esports fan engagement startup STAN secures funding to help creators grow fanbase

Inc42 · 1y ago

Esports fan engagement startup STAN secures funding to help creators grow fanbase

Blockchain-based esports fan engagement startup STAN has raised $2.7 million in pre-Series A funding from new and existing investors including CoinDCX Ventures, Climber Capital, and General Catalyst. STAN plans to utilize the funds to democratize infrastructure for creators, leverage AI for community development and personalization, and collaborate with gaming legends. The Bengaluru-based platform allows creators to build and monetize communities, engage users with digital collectibles, chat rooms, and exclusive celebrity communities, and helps them grow their fanbase from day one.

Mistral AI plans IPO | TechCrunch

TechCrunch · 6m ago

Mistral AI plans IPO | TechCrunch

French AI lab Mistral, founded in 2023, plans an IPO and expansion into Asia-Pacific. Co-founder Arthur Mensch announced at the World Economic Forum that Mistral aims to grow in Europe and the U.S., with additional offices in Singapore. Mistral, valued at around $6 billion, has raised $1.14 billion from investors like Andreessen Horowitz and competes with firms like OpenAI. It offers AI models, including a ChatGPT-like service named Le Chat.

Former Tesla, Google engineers raise $4 million for AI-text detection startup Pangram

Economic Times

Economic Times · 1m ago

Former Tesla, Google engineers raise $4 million for AI-text detection startup Pangram

Pangram, a startup founded by former Tesla and Google employees, has raised $4 million in seed funding. The company develops tools for detecting AI-generated text, addressing the increasing reliance on AI in schools and businesses. With notable clients like Quora and NewsGuard, Pangram aims to expand its offerings and team, leveraging an active learning algorithm and cost-efficient open-source models. Monthly subscriptions for AI scanning services range from $15 to $100.

Hex Raises $70 Million Series C Led by Sequoia, a16z, Snowflake, Redpoint, Avra to Advance Agentic Analytics and Data Apps | DeepNewz VC

Business Bytes

Business Bytes · 2m ago

Hex Raises $70 Million Series C Led by Sequoia, a16z, Snowflake, Redpoint, Avra to Advance Agentic Analytics and Data Apps | DeepNewz VC

Hex has raised $70 million in Series C funding, with participation from Sequoia, A16Z, Snowflake, Redpoint, and Avra. The company, led by co-founder Barry McCardel, is transforming analytics for the AI age. Hex provides a platform for influential companies to convert data into actionable insights. The investment underscores the growing importance of advanced data management solutions in today's tech landscape.

Generative AI making customer support conversations more human, leading to wider adoption

Economic Times

Economic Times · 1y ago

Generative AI making customer support conversations more human, leading to wider adoption

Artificial intelligence-powered customer care is gaining popularity, with platforms like Exotel, Freshworks, Gupshup, Corover.ai, and Yellow.ai offering conversational AI solutions. Adopted primarily on Meta's WhatsApp, this technology makes customer support conversations more human and dynamic, replacing standard bot responses. Yellow.ai reported a 10% adoption rate for their GenAI-powered customer support, resulting in a response time of 0.6 seconds. Freshworks' Gen-AI platform, Freddy Copilot, produced significant savings and return on investment for a B2C enterprise retail customer. The conversational AI market is expected to grow at an annual rate of 23.6% from 2023 to 2030, with hopes of automating various customer touchpoints.

AI hiring platform Mercor backed by Jack Dorsey, Peter Thiel in $30 million fundraise

Economic Times

Economic Times · 10m ago

AI hiring platform Mercor backed by Jack Dorsey, Peter Thiel in $30 million fundraise

AI hiring platform Mercor has secured $30 million in a funding round, led by Benchmark's Victor Lazarte and Bill Gurley. The funding includes investments from entrepreneur Jack Dorsey, venture capitalist Peter Thiel, Quora CEO Adam D'Angelo, and former Treasury Secretary Larry Summers, who are all OpenAI board members. This brings Mercor's valuation to $250 million. The platform utilizes AI to assist recruiters in hiring candidates from top companies like Apple, Alphabet, Meta, Microsoft, and Nvidia, and has amassed a pool of over 300,000 potential candidates.

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