Weta FX, TAICCA Sign AI Pact, Invest in Moonshine Studio
The MoU was signed at the TCCF opening by Weta FX CEO Daniel Seah and TAICCA Chair Sue Wang, and covers AI development and talent training.
Weta FX has signed a Memorandum of Understanding with the Taiwan Creative Content Agency (TAICCA) to develop AI technology, train talent and invest in Taiwan's visual effects sector, with the agreement including an investment in Taiwanese VFX house Moonshine Studio, founded by Chia Chi Lin.
The MoU was signed at the opening of TCCF by Weta FX CEO Daniel Seah and TAICCA Chair Sue Wang, according to deadline.com. Weta FX chief technology officer Kimball Thurston, Andrew Moffat, head of the research lab for technology and research, and VFX supervisor Sheldon Stopsack also attended.
Joint venture platform planned
Under the partnership, Weta FX will establish a joint venture platform intended to identify Taiwanese work and raise it to an international technical level. The two organisations said the tie-up aims to position Taiwan as an AI hub for Asia's content industry.
The agreement covers both technology development and training for the Taiwanese content industry, alongside the investment in Moonshine Studio.
Quick answers
What did Weta FX and TAICCA sign?
They signed a Memorandum of Understanding to develop AI technology, train talent for the Taiwanese content industry and invest in Taiwan's VFX sector.
Which studio is Weta FX investing in?
The partnership includes an investment in Taiwanese VFX house Moonshine Studio, founded by Chia Chi Lin.
Where was the MoU signed?
It was signed at the opening of TCCF by Weta FX CEO Daniel Seah and TAICCA Chair Sue Wang.