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Ryuu96 on 19 April 2023
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Yeah. Matter was trademarked a while ago, NetEase invested $100m into it but it doesn't seem to have been enough as Sony acquired them as well. It's planned for around 2025 so a lot of that tweet is true but it's stuff already known

Think it will have been in development for over 6 years by release as the NetEase investment was around 2018.