Netflix Paid $587 Million for Ben Affleck’s AI Company

Netflix has acquired InterPositive, an AI startup founded by Ben Affleck, for a total of $587 million. This financial detail was disclosed by the streaming giant within a footnote of a regulatory securities filing submitted on Friday. The acquisition highlights Netflix's investment in AI technology through the purchase of the company. The information regarding the specific payment amount was first reported following the release of the official streamer documentation provided in the filing.