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Estee Lauder Companies (ELC) and Microsoft have unveiled plans for an AI Innovation Lab to use Microsoft's Azure OpenAI Service to drive innovation across ELC's more than 20 beauty brands.. Focus on innovation and rebranding: Advancements in artificial intelligence will allow brands to respond to fluctuations in raw materials costs through automating reformulation,. Demand volatility rings true across the future of beauty industry technology too as tech trends come and go. Certain digital experiences, such as beauty AR-product.

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Advancements in Artifical Intelligence (AI) and Machine Learning have been infiltrating the beauty industry over the past few years. These technologies can completely reshape the way that brands operate, by simplifying processes as well as providing 10x more efficient services to meet customers' 'see it now, want it now' demands.. July 26, 2023. In the ever-evolving landscape of technology, artificial intelligence (AI) has become an undeniable force, revolutionizing industries across the board. The beauty industry, known for its continual pursuit of innovation, has also embraced AI's potential to transform the way it operates. From personalized skincare recommendations.