BR100 Increased By (0.01%)
BR30 Increased By (0.53%)
KSE100 Increased By (0.28%)
KSE30 Increased By (0.29%)
AGHA 6.38 Increased By ▲ 0.06 (0.95%)
BECO 4.35 Increased By ▲ 0.08 (1.87%)
BML 62.55 Increased By ▲ 0.10 (0.16%)
BOP 31.39 Increased By ▲ 0.16 (0.51%)
CNERGY 11.73 Increased By ▲ 0.14 (1.21%)
CSIL 5.91 Increased By ▲ 0.19 (3.32%)
FCCL 61.71 Increased By ▲ 0.17 (0.28%)
FFL 14.79 Decreased By ▼ -0.23 (-1.53%)
FNEL 1.24 Increased By ▲ 0.01 (0.81%)
KEL 6.32 Increased By ▲ 0.06 (0.96%)
KOSM 5.90 Increased By ▲ 0.34 (6.12%)
LOTCHEM 24.69 Increased By ▲ 0.01 (0.04%)
MLCF 103.93 Decreased By ▼ -0.15 (-0.14%)
NBP 173.32 Decreased By ▼ -1.96 (-1.12%)
NCPL 51.83 Decreased By ▼ -0.94 (-1.78%)
NPL 54.03 Decreased By ▼ -0.09 (-0.17%)
OGDC 315.87 Increased By ▲ 2.48 (0.79%)
PACE 9.26 Increased By ▲ 0.06 (0.65%)
PAEL 35.58 Decreased By ▼ -0.22 (-0.61%)
PIBTL 13.66 Increased By ▲ 0.19 (1.41%)
PPL 226.07 Increased By ▲ 4.26 (1.92%)
PRL 80.28 Increased By ▲ 1.20 (1.52%)
PTC 46.64 Decreased By ▼ -0.21 (-0.45%)
SSGC 23.82 Decreased By ▼ -0.05 (-0.21%)
TBL 9.24 Decreased By ▼ -0.07 (-0.75%)
TELE 7.55 Increased By ▲ 0.16 (2.17%)
TPL 24.54 Decreased By ▼ -0.57 (-2.27%)
TPLP 12.99 Increased By ▲ 0.48 (3.84%)
TREET 25.98 Decreased By ▼ -0.27 (-1.03%)
TRG 53.33 Decreased By ▼ -0.11 (-0.21%)
Life & Style

Netflix acquires Ben Affleck’s AI film-tech firm

  • Disney announced plans to allow OpenAI to use characters from its Star Wars, Pixar and Marvel franchises in the startup’s Sora AI video generator
Published Updated
Photo: Reuters
Photo: Reuters
By

Netflix said on Thursday it has acquired InterPositive, a filmmaking technology company founded by Academy Award winner ​Ben Affleck that produces artificial intelligence-powered tools for movie ‌production.

Financial terms of the deal were not disclosed.

The media industry is warming up to the idea of using AI for content ​and storytelling, a major pivot from Hollywood’s earlier ​concerns about the new technology challenging creative jobs and ⁠intellectual property rights.

Late last year, Disney announced plans to allow OpenAI to use characters from its Star Wars, Pixar and Marvel franchises in the startup’s Sora AI video generator.

“We believe new tools should expand creative freedom, not constrain it or replace the work of writers, directors, actors, and crews,” Netflix Chief Content Officer Bela Bajaria said.

The acquisition is the streaming giant’s first ‌since backing ⁠out of a high-stakes race to acquire Warner Bros Discovery’s studio and streaming assets after Paramount Skydance’s rival bid was deemed as superior.

Affleck, director and star of Oscar-winning film “Argo”, founded InterPositive in ​2022 by ⁠creating an AI model trained to understand visual logic and editorial consistency, while maintaining ​cinematic rules under real-world production challenges such as ​missing ⁠shots or incorrect lighting.

“We also built in restraints to protect creative intent, so the tools are designed for responsible exploration ⁠while ​keeping creative decisions in the hands ​of artists,” Affleck said.

Affleck will be joining Netflix as a senior advisor.

Comments

Comments are closed for this article.