Netflix has disclosed it spent $587 million in cash acquiring InterPositive, an AI startup co-founded by actor and director Ben Affleck. The figure, revealed in a recent regulatory filing, confirms earlier speculation that the deal could approach $600 million. Main Developments The streaming giant announced the acquisition in March, though financial terms remained undisclosed until now. At the time, Netflix stated that the entire InterPositive team would join the company, with Affleck taking on a role as senior advisor. InterPositive's AI tools focus on post-production enhancements for filmmakers. According to Affleck, the technology helps address "real-world production challenges such as missing shots, background replacements or incorrect lighting." Read also: Jensen Huang's Japan Tour: Nvidia's Factory Floor Ambitions Background Netflix's investment in AI-driven filmmaking comes amid broader industry experimentation with generative tools. In its most recent earnings report, the company revealed that around 300 of its titles have already used generative AI in some capacity. Affleck framed the acquisition as a move to "protect the power of human creativity," suggesting the tools are designed to augment rather than replace traditional filmmaking processes. Why It Matters The $587 million price tag signals Netflix's serious bet on AI as a production necessity, not just a novelty. By integrating InterPositive's technology, the company aims to reduce costly reshoots and speed up post-production workflows across its growing library of original content. What's Next With the deal now fully disclosed, attention shifts to how quickly Netflix can deploy InterPositive's tools across its production pipeline. The company has not announced specific upcoming projects that will use the technology, but its existing use of generative AI in hundreds of titles suggests rapid integration.