Roblox will hold events related to Ready Player Two by Ernest Cline.
Roblox will hold events related to Ready Player Two by Ernest Cline.
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Roblox acquires Loom.ai for realistic avatars and delays IPO to 2021

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Roblox has acquired Loom.ai for an undisclosed price to enable its users to create realistic 3D avatars. In addition, Roblox said that the company is postponing its initial public offering to 2021, according to a report in the Wall Street Journal.

Loom.ai surfaced in 2016, with the goal of automating the creation of 3D avatars from a single selfie. Today, Roblox said Loom.ai enables real-time facial animation tech using deep learning neural networks, computer vision, and visual effects.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.