AI & Enterprise
Netflix to buy AI startup InterPositive for up to $600 million to boost editing
Netflix has agreed to acquire InterPositive, an AI company co-founded by Ben Affleck, for up to $600 million, TechCrunch reported on March 11, citing Bloomberg. The deal would be Netflix’s second-largest acquisition. Netflix did not disclose the price, but sources said the initial cash payment would be less than $600 million, with additional bonuses tied to performance goals. InterPositive’s technology helps filmmakers fix editing discontinuities and improve scenes.
