According to market sources, social platform Snap has spun off its AI Video team as an independent company named Dotmo, as part of its cost control measures.
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
After this team split, the technology and R&D resources related to the original AI video business are expected to be integrated into the new company Dotmo for independent operation. Subsequently, Snap may also maintain business collaboration with the new company through shareholding and other methods. This adjustment also reflects that overseas technology companies are currently optimizing organizational structures to balance R&D investment and operating costs in their layouts for emerging technology businesses.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
BioMarin agrees to buy Droia Ventures-backed Alesta Therapeutics for $275 million upfront
Reuters•2026/08/18 13:56
IHG CHRO Tejas Katre disposes of shares worth $127,757.55
Reuters•2026/08/18 13:54
Crypto prices
MoreBitcoin
BTC
$64,282.77
+1.18%
Ethereum
ETH
$1,899.48
+0.04%
Tether USDt
USDT
$0.9990
+0.02%
USDC
USDC
$0.9999
+0.01%
XRP
XRP
$0.9977
-0.06%
Solana
SOL
$76.16
+0.88%
TRON
TRX
$0.3322
+0.22%
Hyperliquid
HYPE
$59.27
+0.17%
Dogecoin
DOGE
$0.06982
-0.40%
Zcash
ZEC
$502.74
-1.92%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
