• Home
  • /
  • Business
  • /
  • Google Purchased AI Avatar Startup “Alter” in a $100 Million Deal
Listen to this article

Multiple news outlets have confirmed that Google has purchased an AI (artificial intelligence) avatar startup. An authentic source has indicated that it supports creators and brands to present their virtual profiles for around $100 million. The key objective of the tech giant is to boost its content game and better engage with TikTok. The acquirement was finalized around 2 months ago, while none of the companies disclosed it to the public.

Some top executives of Alter have also updated their LinkedIn profiles. They also shared that they have connected with Google without recognizing the deal. However, A Google spokesperson has confirmed the purchase of Alter but refused to provide more information. Meanwhile, Alter is the US and Czech-based firm that began its operations as Facemoji. It is a platform offering plug & play tech supporting games and app developers insert avatar systems into their apps.

The startup efficiently collected around $3 million in seed funding from investors including Twitter, Roosh Ventures, and Play Ventures. It is crucial that Facemoji was later renamed to Alter. Another source said Google is hopeful that Alter will enhance and upsurge its content offerings. But the founders of Alter, Robin Raszka and Jon Slimak didn’t answer a request for comments.

Google Silently Made a $ 100 Million Alter Purchase Deal

Moreover, the website digitalinformationworld.com also reported about the Google-Alter deal. The news outlet indicated that Google has made a key & silent Alter purchase deal of around $100 million. The company was previously acknowledged as Facemojo but later changed its name to Alter. It is noteworthy that the purchase deal was completed in early August 2022. But the world has discovered the acquisition deal after the recent reports.

Google officially mentioned more about the purchase deal on Thursday. But the search engine giant didn’t outline details related to the original date and the acquisition amount. The company has reportedly been working hard to push investments for various AI-linked products in the past couple of years. Google is effectively utilizing AI to filter odd or bad results.

The Invention of YouTube Shorts is Getting Momentum

The company also efficiently tried to facilitate those battling with their own personal issues. The hardware linked to Google encompasses the world of AI processing and its focus on the device’s processor. Moreover, these processors efficiently process images and authorize speech translation. Google didn’t focus on the current scenario in 2018, related to its momentum in the social media environment.

Meanwhile, various things are undeniably getting momentum with the innovation of its “YouTube Shorts”. This feature shows how short-form videos are dominating topmost in today’s environment. It is offering a massive contest to the likes of TikTok. Most of us will experience a collaboration that connects Shorts with Avatars with more excitement in the near future.

Twitter has Stopped Showing Social Status

However, Alter’s home base isn’t new for most people in the Czech Republic and the United States. The company is dedicated to presenting AI-powered avatars for individuals including accessories and wardrobes. For example, most people can only create NFT purchases for designer bags and then add specific avatars at the end.

This type of technology will integrate into the likes of video games and the metaverse. The CEO of the company pointed out how entire things normally settle to people’s personalities. Twitter avatars are now wrapping up demonstrating people’s assets offering an idea of their social status including likes and dislikes.

Elon Musk has Now Officially Finalized the Acquisition Deal with Twitter
Qualifications and Certifications for the Solutions Architect Role
User Review
0 (0 votes)

Related Article