Ben Affleck's AI firm acquired for USD 587 million; streaming giant confirms deal in SEC filing

Netflix confirmed acquiring Ben Affleck's AI firm InterPositive for $587 million. The streaming giant absorbed the company's team and Affleck will advise. Affleck believes AI will enhance filmmaking, not replace creative work. Generative AI is already impacting hundreds of Netflix productions significantly. Complex shots and sequences, like battle scenes, are benefiting from this technology.

Ben Affleck's AI firm acquired for USD 587 million; streaming giant confirms deal in SEC filing
Netflix confirmed acquiring Ben Affleck's AI firm InterPositive for $587 million. The streaming giant absorbed the company's team and Affleck will advise. Affleck believes AI will enhance filmmaking, not replace creative work. Generative AI is already impacting hundreds of Netflix productions significantly. Complex shots and sequences, like battle scenes, are benefiting from this technology.