![Improbable Says Metaverse 'Business Matured,' Cuts Losses by $160M](https://metanews.com/wp-content/uploads/2023/09/2A6E77E9-D76D-42F6-8E18-B6ADE83EB2BA-300x169.jpeg)
Improbable Says Metaverse ‘Business Matured,’ Cuts Losses by $160M
Improbable, the London-based outfit that develops infrastructure for virtual worlds in gaming, academia, and business, said it reduced losses by £131 million [~$160 million] last year following its decision to focus on building technology for the metaverse. According to the