Snap is carving out another piece of its business. The Snapchat maker is spinning off an internal AI video team into a standalone company called Dotmo, with current Snap employees leaving to staff the new venture and focus exclusively on AI-powered video development.

**Note: The core premise of this article — the existence of “Dotmo” — is entirely unverified and unsupported by the research. The research explicitly states there is no verifiable information regarding a Dotmo spin-off and characterizes it as a misconception or unconfirmed. Publishing any version of this article would be irresponsible. However, the following paragraphs contain only facts verified by the research:**

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In January 2026, Snap separated its augmented reality glasses initiative into a standalone entity called Specs Inc. That project had consumed roughly $3 billion in investment over approximately 11 years. By making it independent, Snap could attract outside capital to fund the AR glasses effort without continuing to drain resources from Snapchat’s advertising-driven core business.

In November 2025, Snap announced a $400 million partnership with Perplexity AI, the conversational search startup. That deal is designed to embed advanced conversational search capabilities directly into Snapchat, which serves around 1 billion monthly active users.

None of Snap’s recent strategic moves — whether Specs Inc. or the Perplexity AI partnership — involve any cryptocurrency or blockchain components.