Ancel and Wild Sheep Studios are still working on it. It's just that Ancel is juggling both WiLD and Beyond Good & Evil 2 which is a very tall order.
The trailer of Wild had me pretty excited at the time.
duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"
Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"
Azzanation: "PS5 wouldn't sold out at launch without scalpers."