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Improbable Leverages Improved Financial Profile to Drive Innovation in AI, the Metaverse, and Web3 Through Venture Building

Jan 22, 2025 - financialpost.com
Improbable, a venture builder focused on AI, the metaverse, and Web3, announced significant achievements in 2024, including reaching profitability and launching new ventures like Kallikor, Jitter, and Chamber. The company emphasizes its venture-building model, which has been crucial in developing technologies that shape virtual worlds and digital economies. Improbable's MSquared venture established the Virtual Society Foundation to promote openness in the metaverse, with its project Somnia aiming to unify gaming, NFTs, and social platforms under a decentralized digital economy.

Looking ahead to 2025, Improbable plans to continue advancing technology and fostering interconnected ecosystems. The company predicts AI's growing role in virtual worlds, the emergence of AI-developed games, and the expansion of Web3 in gaming. Interoperable identities and blockchain's potential as a simulation tool are also highlighted as key trends. Improbable remains committed to empowering creators and supporting initiatives like the Virtual Society Foundation and Somnia to build a decentralized and vibrant virtual society.

Key takeaways:

  • Improbable achieved profitability in 2024 and is leveraging its improved financial profile to drive innovation in AI, the metaverse, and Web3 through venture building.
  • The company launched several new ventures in 2024, including Kallikor, Jitter, and Chamber, to address challenges and unlock opportunities across frontier ecosystems.
  • Improbable's MSquared venture established the Virtual Society Foundation to promote openness and equity in the metaverse, with the flagship project Somnia aiming to unify gaming, NFTs, and social platforms.
  • Predictions for 2025 include AI's growing role in virtual worlds, the emergence of AI-developed games, the exploration of Web3 for robust in-game economies, and the quest for interoperable digital identities.
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