Business · 13h ago
Netflix acquires Ben Affleck's AI firm InterPositive for $587M
Netflix has acquired AI startup InterPositive, founded by Ben Affleck, for $587 million. The deal signals Netflix's deepening investment in AI for content production. Subscribers worry this could lead to more AI-generated movies and shows, potentially reducing human creative roles.
Meridian48 take
The acquisition raises questions about Netflix's creative direction, but the $587M price tag suggests the company sees AI as a cost-saving tool rather than a replacement for storytelling.
Read the full reporting
Netflix shows its love for AI once again — the platform has acquired Ben Affleck’s firm InterPositive for $587 million, and it’s just given me another reason to cancel my subscription →
TechRadar
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