Netflix paid $587M for Ben Affleck’s AI filmmaking startup

Netflix has acquired InterPositive, a startup co-founded by Ben Affleck, for $587 million in cash. The company is an AI filmmaking startup, indicating Netflix's interest in incorporating artificial intelligence into its content creation. The acquisition is a significant investment for Netflix, highlighting its commitment to innovative technologies. The deal brings Affleck's company under the Netflix umbrella, potentially leading to new and innovative content.

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