Bobby Murphy puts personal money behind Snap's AI video spinoff Dotmo
Dotmo gives Snap's generative video staff a cleaner shot at gaming while Snap keeps equity upside without carrying the full internal cost.
By Ryan Merket · Published
Primary source: TechCrunch
Why it matters
Dotmo shows a public tech company using a founder-backed spinoff to keep AI upside while moving expensive, non-core R&D off the operating plan.
Snap co-founder and CTO Robert "Bobby" Murphy will personally lead the investment in Dotmo, a new company being spun out of Snap's internal generative AI video team to build models for interactive gaming experiences, TechCrunch reported Thursday.…
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