does someone know how to do this effect in ae?

Legend

You can create the text wrap in Illustrator and then import it in After Effects. Here's a tutorial: https://adobe.ly/3XzyBZv

Hope it helps. Feel free to reach out if there are any other questions.

Thanks,
Nishu

Inspiring

I don't think this is doable by after effects.
you can use softwares that has dynamic typography like cavarly.

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