Its name is Stubby, and we love it.
Scientists on the research vessel the E/V Nautilus, in California, found this little purple squid just relaxing on the ocean floor.
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The commentary on the video described the creature having big "googly eyes" but is actually called a Stubby squid.
It is closely related to the cuttlefish.
The bright purple color and enormous eyes make the strange looking creature look like a stuffed animal.
"It's like some little kid dropped their toy," said one of the scientists.
This species spends life on the sea floor, activating a sticky mucus jacket and burrowing into the sediment to camouflage, leaving their eyes poking out to spot prey like shrimp and small fish.
