Roblox Acquires Loom.ai | Financial Buzz

Roblox Acquires Loom.ai

Global online platform, Roblox has reported the acquisition of Loom.ai to accelerate development of Avatar Realism and Emotions.  Loom.ai is a company that specializes in real-time facial animation technology for 3D avatars by utilizing computer vision, deep learning and VFX.  “We believe as people share experiences virtually, their avatars should have the ability to express a full range of emotions,” said David Baszucki, CEO of Roblox. “Loom.ai will accelerate making human co-experiences more immersive and personal, adding world-class facial animation technology as part of Roblox’s efforts to provide expressive emotive actions to avatars that will enable deeper connections for our community.”

Roblox will utilize Loom.ai to accelerate the development of next-generation avatars.  Loom.ai’s technology will push emotions and facial expressions on avatars in life-like ways.  Even imagining the user’s favorite music artists singing with facial expressions during a virtual concert of communicating with friends in a life=like manner when playing together on the online platform.  “From our very first meeting with David Baszucki, it was clear we share a vision where art and engineering meet to create an exciting range of personalized avatars and characters,” said Kiran Bhat, co-founder of Loom.ai. “We will continue our work on that vision to bring real-time and real-life emotions to every Roblox avatar.”

“We’re thrilled to join forces with Roblox to bring real-time facial expressions to the 36 million Roblox avatars playing every day in the metaverse,” said Mahesh Ramasubramanian, co-founder of Loom.ai. “Roblox has created an incredible community, and we see a perfect fit for Loom.ai’s advanced 3D avatar technologies to bring shared experiences to the next level.”