Snap spins off AI video team into new company, Dotmo, due to costs
TechCrunch·June 18, 2026
Snap, the maker of Snapchat, is spinning off its AI video team into a new company called Dotmo due to cost considerations. The new company will consist of current Snap staff who will be leaving the social media company to focus on developing AI video technology. Dotmo's formation marks another instance of Snap spinning off an internal unit. The move allows the team to concentrate on AI video development outside of Snap's main operations.
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