[gshayban]

With OLED/IPS etc. taking over in the next few years, will this really support >8bpp or HDR?

Interesting move, Google

[jbarham]

WebP uses the same color model as WebM which "works exclusively with an 8-bit YUV 4:2:0 image format" so seems like WebP will not be HDR capable, which is a pity.

[Maskawanian]

Considering it basically is 1 frame of WebM it isn't exactly a surprise either.