Autodesk, a leading software company, has acquired Wonder Dynamics, a developer of cloud-based 3D animation and VFX tools. Wonder Dynamics was co-founded by actor and producer Tye Sheridan in 2016. The terms of the deal were not disclosed. Wonder Dynamics' Wonder Studio utilizes artificial intelligence (AI) to assist artists in animating, lighting, and composing 3D characters within live-action scenes. The acquisition will enable more creators to incorporate 3D animated characters into their projects while streamlining the learning process and automating complex tasks. Wonder Studio currently offers a plug-in that integrates with professional 3D tools like Autodesk Maya and Blender. Tye Sheridan, the president of Wonder Dynamics, has acted in films such as "Ready Player One" and the "X-Men" series [1935bb3f].
Toonstar, a Los Angeles animation studio founded by former Warner Bros. and Disney executives John Attanasio (CEO) and Luisa Huang (COO), is using AI technologies to improve production efficiency and partner with new creators. The studio employs AI at various stages of animation, reducing time and cost. Toonstar recently partnered with TikTok influencer Parker James to adapt his distinctive characters into an animated series called "StEvEn & Parker". They used AI to translate his live-action TikTok videos into animation and applied AI for multilingual dubbing. Toonstar's dubbing technology has significantly increased the series' viewership, attracting over 30 million weekly viewers. The company has received VC funding from Founders Fund, Greycroft, Snapchat, and former NBA star Baron Davis. Toonstar aims to build the next generation of hot IP using AI and machine learning, unlocking opportunities for new creators and voices in the entertainment industry [ea0e4ef5].