Netflix Paid $587 Million for Ben Affleck’s AI Startup InterPositive

Netflix paid approximately $587 million in cash for Ben Affleck's AI startup InterPositive, according to a Securities and Exchange Commission filing. The March acquisition brought InterPositive's 16-person team to Netflix, with Affleck joining as a senior adviser. A Bloomberg report had earlier indicated the deal could reach $600 million including performance targets. Netflix co-CEO Ted Sarandos said roughly 300 titles have used generative AI this year, while emphasizing AI supplements rather than replaces human filmmakers.