Netflix Drops Up to $600 Million for Ben Affleck AI Startup InterPositive
Netflix will pay as much as $600 million for InterPositive, the AI moviemaking company founded by Ben Affleck, marking one of the largest AI deals by a major Hollywood studio. The actual cash payment may be lower, with the owners of InterPositive eligible for additional payouts tied to specific performance targets. Affleck built InterPositive as a tool for filmmakers where a director shoots a movie before the software trains using the footage, helping remove stray items or adjust backgrounds without training on films without permission or generating new projects. The deal will integrate InterPositive's team of engineers, researchers, creatives and producers directly into Netflix. The acquisition represents a major push by streaming platforms to leverage artificial intelligence in film production amid industry concerns about job displacement.
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