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Edition 2026-07-20

TECHNOLOGY

Netflix Acquires AI Startup InterPositive for $587 Million

Netflix disclosed in a regulatory filing that it paid $587 million in cash to acquire InterPositive, a startup co‑founded by Ben Affleck.

By techcrunch · 96d ago · Source: techcrunch

Full article

Netflix disclosed in a regulatory filing that it paid $587 million in cash to acquire InterPositive, a startup co‑founded by Ben Affleck. The transaction was announced in March. Affleck said the acquisition aimed to preserve human creativity. InterPositive’s AI tools assist filmmakers in post‑production by addressing missing shots, background replacements, and lighting issues. Netflix said the entire InterPositive team would join the company and that Affleck would serve as a senior advisor. Financial terms were not disclosed, though a Bloomberg report noted the deal could be valued up to $600 million. In its latest earnings report, Netflix said roughly 300 of its titles had already employed generative AI.

Source transparency

Publisher
techcrunch
Reliability
high
Published
7/20/2026, 10:00:19 AM
Retrieved
7/20/2026, 10:00:19 AM
Relevance
80%
Confidence
85%
Read original at techcrunch

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