newsJune 18, 2026·TechCrunch AI

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

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.

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•The Snapchat maker is spinning off yet another internal unit
•This story was reported by TechCrunch AI, covering developments in the news space.
•AI advancements continue to reshape industries — read the full article on TechCrunch AI for complete coverage.

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

Key Takeaways

Related Articles

e2e-assure introduces Cumulo, the U.K.’s only sovereign, AI-driven, zero-day SOC platform to secure IT and OT environments

Barret Zoph is out at OpenAI again after just five months

Source: Elastic agrees to buy CRV-backed DeductiveAI for up to $85M

AI inference startup Baseten reportedly raising $1.5B months after its last mega-round

Discussion

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

Key Takeaways

Related Articles

e2e-assure introduces Cumulo, the U.K.’s only sovereign, AI-driven, zero-day SOC platform to secure IT and OT environments

Barret Zoph is out at OpenAI again after just five months

Source: Elastic agrees to buy CRV-backed DeductiveAI for up to $85M

AI inference startup Baseten reportedly raising $1.5B months after its last mega-round

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