In Japan, users have taken to downloading anime converting apps from selfies. The Meitu app is a hit in terms of number of downloads over the last week. This has contributed to huge spike in shares of the company.
More deets inside
Meitu Inc., a Hong Kong-based company has seen higher than 50 percent share value hike since the last couple of weeks.
The app has has bow reached ranks of the top Apple Store downloads list. It holds second rank on Google Play for Japan, as per figures from data.ai.
While the app isn’t anything new Japan , the novelty in this beauty app is the anime conversion feature. This gets made with the use of AI. The same surged in popularity with the introduction of the text-to-image systems such as Midjourney and Dall-E.
While the technology is popular, it doesn’t come without controversy.
Japan has taken up to this trend big time. University of Tokyo’s professor Fujio Toriumi revealed that 40% of all hashtagged AI-based images found on Twitter from June originated from Japan. He added, “Japan has a culture of sharing manga on Twitter… The novelty of using AI to generate similar pictures is “both a threat and a surprise to that established audience, but many are embracing it out of curiosity.”