Netflix may have paid $600 million for Ben Affleck’s AI startup

Netflix announced the acquisition of InterPositive, an AI company co-founded by Ben Affleck that develops tools to assist filmmakers with post-production tasks like editing and enhancing scenes. According to Bloomberg, the deal could be valued at up to $600 million, which would make it one of Netflix's largest acquisitions, though the actual cash payment might be lower, with potential performance-based payouts. This move aligns with Netflix's ongoing strategy to integrate AI into its content creation process, similar to its use of generative AI in shows like "The Eternaut." The acquisition comes as rivals like Amazon and Disney also explore AI integration, despite ongoing industry concerns from workers regarding job security and fair compensation for training data.

(Source：TechCrunch)