Variety·1 min read·medium

Netflix Paid $587 Million for Ben Affleck's AI Startup InterPositive

C
Corbin Bolies
Netflix Paid $587 Million for Ben Affleck's AI Startup InterPositive
AI Summary

Netflix has officially disclosed a $587 million cash acquisition of InterPositive, an AI startup founded by Ben Affleck. The purchase was confirmed in a recent SEC Form 10-Q filing.

Netflix paid $587 million in cash when it purchased Ben Affleck‘s AI startup InterPositive, the company disclosed in a federal filing. As part of the company's Form 10-Q report with the Securities and Exchange Commission, Netflix confirmed that it completed an acquisition in March "for a total purchase price of approximately $587 million. The disclosure [...]

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