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Netflix just confirmed in an SEC filing that it paid $587 million in cash for Ben Affleck's 16 person AI startup. That's about $37 million per employee. And the model is the least valuable thing they bought. Affleck's logic, in his own words, was that public video models were trained on his peers' films, and he didn't think that was a real business. You can't sell studios a tool their own lawyers would sue over. So InterPositive raised money, spent 8 months shooting its own dataset on a…
Rohan Paul@rohanpaul_ai21h ago
Ben Affleck (Hollywood star & Artists Equity CEO) talks about how he fine-tunes open video models by unfreezing weights and trained only the last cinematic layer so a film crew can hit real production standards. for context, Ben Affleck founded InterPositive in 2022, a 16-person AI shop for film post and Netflix bought it in March 2026 for $587 mn in cash. He needed that model because public video models were trained on his peers' films, and he did not think that was a real business. So InterPositive raised money, shot its own dataset for 8 months on a controlled stage, and used it only as late-stage training. Each new film then trains a private model on its own dailies, so the production keeps the footage and the learning. That is the product Netflix paid $587 million for. ---- From "Bloomberg Live" YouTube channel, (link in comment)