Mentioned:
Artificial intelligence is coming to Hollywood filmmaking. Which is exactly why Netflix is buying a startup founded by Ben Affleck.
What’s happening:
- Netflix (NASDAQ: NFLX) has acquired artificial intelligence filmmaking startup InterPositive
Why it matters:
- InterPositive was founded by actor and entrepreneur Ben Affleck to develop artificial intelligence technology to be used for post-production
Going deeper:
- InterPositive uses artificial intelligence to learn from the footage of a film to assist with post-production tasks such as fixing missed shots, reframing images, altering backgrounds and relighting scenes
- Ben Affleck will also join Netflix as an official advisor following the successful completion of the acquisition
The fine print:
- The financial terms of Netflix buying InterPositive have not yet been publicly disclosed
