Snap Splits AI Video Team into New Company Dotmo Due to Cost Pressures

06/19 11:05

On June 19, Snap announced that it will spin off its internal generative AI video team to form an independent company. This new company, named Dotmo, will focus on developing AI models capable of generating interactive gaming experiences. One reason Snap decided to separate this work from its internal operations is the high cost of related research and development. Although Dotmo will operate as an independent company technically, it will maintain a close relationship with Snapchat. For instance, Snap will provide technology licensing to Dotmo, allowing it to apply relevant technologies in gaming and interactive entertainment platforms. Additionally, Dotmo's initial team will consist of some existing Snap employees who will leave Snap to establish this new company. Click the link below to join the Beating · Feishu AI news channel, which monitors global AI hotspots and news 24/7.

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