News

Netflix Acquires Ben Affleck's AI Filmmaking Startup for $587 Million

Netflix has completed a major acquisition in the AI filmmaking space. The streaming giant paid $587 million in cash for InterPositive, a startup co-founded by Ben Affleck.

The acquisition represents one of the larger investments in AI-driven content creation tools by a major Hollywood studio. InterPositive had been developing technology aimed at enhancing various stages of the filmmaking process using artificial intelligence.

This deal signals continued interest from major entertainment companies in AI tools that could streamline production workflows, though details about specific technologies being integrated into Netflix's platform have not been disclosed.

Sources