Netflix acquired Ben Affleck’s AI startup for nearly $600 million.

Source Summary

As noted by The Hollywood Reporter, Netflix said in an SEC filing that it paid “approximately” $587 million to acquire a company in March — the same month Netflix announced its deal for InterPositive. [Link: Netflix Paid $587 Million for Ben Affleck’s AI Company | https://www.hollywoodreporter.com/business/business-news/netflix-price-ben-affleck-ai-company-revealed-1236651217/ | The Hollywood Reporter]