Netflix Acquires AI Filmmaking Technology Company InterPositive Founded By Ben Affleck

Netflix has acquired InterPositive, the AI-powered filmmaking technology company founded by Ben Affleck, who served as its founder and CEO and will join Netflix as a Senior Advisor. The acquisition brings InterPositive’s creator-focused tools and team into Netflix to further develop AI technologies designed to support filmmakers, with both companies emphasizing innovation that expands creative control while keeping artists and their vision at the center of the process. HQ: Los Gatos, California #VentureCapital #Netflix #BenAffleck #TradedVC

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Colossal Biosciences In Talks For Funding Round Targeting $23 Billion ValuationColossal Biosciences, the de-extinction biotech startup known for its efforts to recreate the woolly mammoth and other extinct species, is reportedly in talks to raise new funding at a valuation of roughly $23 billion–$24 billion, according to Axios. The potential raise would mark a significant jump for the five-year-old company, with investors valuing not only its genetic-engineering programs but also its broader genomics, reproductive technology, conservation, and intellectual property platform. Colossal has begun generating revenue through conservation technology sales and technology spinouts, including Astromech, an AI-driven predictive modeling company, and Form Bio, a computational biology platform, expanding its value beyond de-extinction efforts. FOUNDERS: Ben Lamm & George Church TARGET VALUATION: $23,000,000,000 HQ: Dallas, Texas #VentureCapital #ColossalBiosciences #BenLamm #GeorgeChurch #TradedVC