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

Last updated: June 18, 2026 8:30 pm

0 Min Read

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.

Share This Article

Bitcoin’s ‘OG’ investors have slowed selling in a bullish sign for the market

How to invest when everything is moving too fast

How to invest when everything is moving too fast

Live markets: Bitcoin could drop to $59,000 in the short-term as liquidity dries up

Bitcoin drops toward $62,000 as the chip selloff deepens for a second day

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

Leave a Reply Cancel reply

More Popular from Foxiz

Theker just raised $85M to build the factory robot that doesn’t specialize in anything

Jeff Bezos’s Prometheus raises $12B to build an ‘artificial general engineer’ for the physical world

Bitcoin drops toward $62,000 as the chip selloff deepens for a second day

SpaceX officially prices shares at $135 in the largest IPO ever

Oracle warns of security bug that hackers abused to breach 100+ companies

Elon Musk’s SpaceX prices shares at $135, raising $75 billion in largest-ever IPO

Anthropic’s safety warnings may have just backfired — the government has pulled the plug on its most powerful AI

SpaceX IPO: Live updates on everything you need to know

Categories

Quick Links

You Might Also Like

Leave a Reply Cancel reply

More Popular from Foxiz

Categories

Quick Links