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

Announced during its developer's conference, Roblox unveiled "Roblox Connect," enabling users to engage in voice calls through avatars in a shared digital environment.

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 ...

Roblox Connect weaves Roblox's existing avatars, voice chat and camera-based facial animations together into a new product.