The Netflix streaming service has admitted to using artifical intelligence for the first time in order to scale up the look of a foreign sci-fi series.

Netflix said AI was used to produce visual effects that appeared for the first time on screen in one of its original series, employing a technology that has been a source of anxiety throughout Hollywood.

Netflix said it used generative AI for the first time for a scene in an Argentinean show called "El Eternauta."

Price increases, membership growth and ad business momentum have all helped the streaming giant top projections.

Netflix on Thursday announced another quarter of steady growth built upon its video streaming service’s more than 300 million subscribers

Netflix second quarter earnings beat expectations thanks to a 16% surge in revenue and growth in overseas subscribers. Plus, a price hike didn't hurt.