Thursday, March 28, 2024

Google acquires AI avatar startup for $100m to takeover TikTok

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Google acquired AI avatar startup, Alter, which offers a tech stack to developers that can be used to create avatar systems.

According to TechCrunch, the company was founded as Facemoji and raised $3 million last year from a seed round, led by Play Ventures, with participation from Twitter and Roosh Ventures.

After Apple’s Memoji, Alter aimed to offer game developers a chance to build their avatar systems without plugin into different networks.

Read Steam working on transferring games via peer-to-peer LAN

With SDK (software development kits), the startup offered a real-time 3D avatar system with features including facial motion capture, similar to the 3D-style avatars in the TikTok app.

Google is ambitiously competing against the popular China-based social platform with better content after the company’s spokesman confirmed the acquisition took place two months ago.




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