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Snap Inc. spins off AI video team into new company Dotmo

Snap Inc. has announced the spin-off of its AI video development team into a new company named Dotmo. The transition will involve existing employees from Snap who will concentrate on AI video initiatives.

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Snap Inc.

Snap Inc., the parent company of Snapchat, is spinning off its AI video development team into a new entity called Dotmo. This move involves current Snap employees who will transition to focus exclusively on AI video projects.

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Original Headline

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

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Snap Inc. spins off AI video team into new company Dotmo