Snap spins off AI video team into new company, Dotmo, due to costs

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Source: techcrunch.com · Section: business-tech · Bias: Center · Published: Thu, 18 Jun 2026 20:30:00 GMT

The Snapchat maker is spinning off yet another internal unit. Dotmo will be composed of current Snap staff who are leaving the social media company to focus on AI video development.