I read that some of the people involved in the live action cancelled show will be involved , but fortunately NOT Rafe Judkins, and that the animated series will be true to the books.
Animation and AI is the way to go. Not all AI , obviously, but much of what is needed can easily be handled by new AI models and if they mix it well with more traditional animation techniques, this would be great not just for keeping costs down, but covering the full story.
Whether it gets made now or in the future - it WILL be. It's the perfect story to be handled with new tech. Vast and detailed that is impossible to bring to the screen with traditional film making due to the costs involved.