AITechCrunchabout 3 hours ago
Snap spins off AI video team into Dotmo
1 min read
Snap spun off its generative AI video team into a new company called Dotmo, citing high internal costs. Dotmo will build AI models for interactive gaming. Snap gets a large equity stake, and CTO Bobby Murphy personally invests in Dotmo while remaining Snap's full-time CTO.
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