Ben Affleck has secured a significant payout after selling his AI-focused film production company, Artists Equity's AI arm (reported elsewhere as a separate AI startup venture), to Netflix, according to a newly filed SEC document. The deal follows earlier reports suggesting the company could be valued as high as $600 million, underscoring how major studios are racing to acquire artificial intelligence capabilities for film production and how Hollywood stars are increasingly building tech ventures alongside their acting careers.

The SEC filing reveals the specific sum Netflix paid for the company, confirming the scale of Affleck's payday from the transaction. The acquisition highlights Netflix's continued investment in AI tools for content creation and reflects a broader trend of entertainment industry figures launching and monetising technology startups.