
Tech
NeuraFeed19 Jun 2026Snap Spins Off AI Video Team into New Company, Dotmo, Citing High Costs
Snap is spinning off its internal generative AI video team into a new company called Dotmo, primarily due to the high costs associated with developing this technology internally. Dotmo will focus on creating AI models for interactive gaming experiences and will consist of current Snap staff who are transitioning to the new venture. Snap will retain a significant equity stake in Dotmo and license its technology to the new company.
By NeuraFeed