Netflix Acquires Ben Affleck's AI Startup InterPositive for $587 Million
Netflix has acquired Ben Affleck's artificial intelligence startup, InterPositive, for $587 million. Affleck is expected to become a senior advisor within the company following the acquisition.
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Netflix Paid $587 Million for Ben Affleck’s AI Startup InterPositive
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 […]
By Corbin Bolies
Read full article →Netflix Paid $587 Million for Ben Affleck’s AI Company
The streaming giant disclosed the figure in a footnote in a securities filing Friday.
By Alex Weprin
Read full article →Netflix Says It Paid $587 Million For Ben Affleck AI Firm InterPositive, Confirming Previously Reported Estimate
Confirming an estimate reported last March, Netflix said Friday it paid $587 million to acquire Ben Affleck’s AI firm InterPositive. At the time of the surprise deal announcement, Bloomberg reported the streaming giant was paying around $600 million in the transaction. Netflix has not commented on the report, but mentioned the price tag Friday in […]
By Dade Hayes
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