Roblox has acquired Loom.ai for an undisclosed price to enable its users to create realistic 3D avatars. Roblox also delayed its IPO.

Roblox announced today that it’s buying a digital avatar startup called Loom.ai. Purchasing a company that has focused singularly on creating more realistic human avatars is an interesting play ...

U.S. gaming platform Roblox Corp (RBLX.N) said on Monday it has acquired Loom.ai, a San Francisco-based startup providing real-time facial animation technology for 3D avatars.

Roblox purchases digital avatar firm Loom.ai The real-time animation startup will bring emotions and facial expressions to Roblox avatars ...

Because the avatars resembled robots, it was decided that robot blocks was a better descriptor. When the two words were combined and stylized, the official name became Roblox.

Roblox reported losses of $203.2 million for the first nine months of 2020 — an increase so large that Roblox decided not to list the percentage jump from the prior year (it’s 339 percent, or ...

Roblox developers will earn a collective $250 million in revenue this year, more than double the amount earned in 2019.

BBC Studios and Roblox have teamed up for a series of in-game Doctor Who items. The items are available on Roblox between March 12th and March 26th. All items are free, and there are two avatars ...