BREAKING
Snap Spins Off AI Video Team
New Company: Dotmo
0
M
AI/ML spend per quarter
0
spin-offs in 2026
How the Deal Is Structured
Snap
●
Large equity stake
●
Licenses AI video tech
●
No direct funding
Bobby Murphy
●
Lead investor personally
●
Stays Snap full-time CTO
●
Significant investment
Specialize Video for Gaming
1
Cut in-house cost
↓
2
Form Dotmo
↓
3
Focus on gaming
No Dotmo Product Yet
AI NEWS BLITZ
Snap is spinning off its generative AI video team into a new company called Dotmo.