Netflix has confirmed it paid approximately $587 million in cash to acquire InterPositive, the artificial intelligence company founded by actor and filmmaker Ben Affleck, according to a securities filing made public on Friday. The disclosure finally puts a figure on a deal that was announced in March 2026 but had until now been shrouded in secrecy, and it underlines how heavily Netflix is investing in generative AI tools to reshape its filmmaking and post-production processes.

The figure appeared in Netflix's form 10-Q filed with the US Securities and Exchange Commission, which described the purchase as a "business combination" completed in March 2026, though it stopped short of naming InterPositive directly. Affleck founded the company in 2022 to develop AI tools aimed at streamlining visual effects while safeguarding human creative control over writing, directing, acting and production design, and he has since taken on a senior advisory role at the firm. Speaking on Netflix's earnings call this week, co-CEO Ted Sarandos said generative AI workflows are now used across roughly 300 of the streamer's titles, mostly in post-production, citing the Tom Hanks-backed documentary "The American Experiment" as an example where 17 minutes of AI-enhanced footage were produced twice as fast and at half the usual cost.