L’Oréal and Nvidia, the artificial intelligence (AI) chip maker, are making beauty industry headlines after announcing a new collaboration. The Nvidia AI Enterprise platform aims to “enable groundbreaking, never-before-imagined beauty experiences,” according to a statement.
In other AI news, at CEW, we turn the spotlight on Prose, the AI-powered beauty brand. The company is opening a new customization center in the Los Angeles area, its first location outside of New York, and is set to continue pioneering the “prompt shopping” movement with Singular, its futuristic AI platform. According to Prose CEO and Co-Founder, Arnaud Plas, the brand is set to generate $1B in revenue by 2035. “Developed to allow for every step of the Prose journey, Singular includes both software and hardware technology, and is fully powered by AI,” writes CEW reporter Belisa Silva, who talked to Plas for our special report.
Speaking of innovation, self-care brand Practical Alchemy is making its debut (for now, in the US only). Founded by Doris Wong, Anna Maib, and Melissa Chu, it is launching with a range of “travel-friendly essentials developed with everyday usability in mind — from how they fit in the hand to how they feel on the skin and perform as part of a daily routine,” reports Beauty News Daily.
In executive news, Colin Walsh is stepping down as Procter & Gamble’s CEO of the company’s Specialty Beauty division, effective August 1. John Brownlee, who right now serves at SVP of North America Hair Care, will take over at the helm, whilst maintaining his existing role for the group.
Read more about these and other news stories by clicking on the links below.
L’Oréal X Nvidia Announce AI Beauty Partnership. The Nvidia AI Enterprise platform is designed to deliver “rapid development and deployment of AI, like the scaling of 3D digital rendering of L’Oréal products, for a fusion of physical AI and generative AI, expanding creative possibilities,” said L’Oréal in a statement. (WWD)
Prose’s CEO On Why The AI Brand Is Set To Set To Generate $1B In Revenue By 2035. With its futuristic AI platform, Singular, “we have the conviction that the supply chain we built will enable new ways of shopping for beauty that feels very relevant for new generations, and so we had to increase our production capacity,” Arnaud Plas, Prose CEO and Co-Founder, told CEW in an exclusive interview. (CEW)
Practical Alchemy Makes Debut. Founded by Doris Wong, Anna Maib, and Melissa Chu, the products are “designed to integrate seamlessly into daily life, offering a minimalist approach to self-care that balances practicality with expert formulation,” reports Beauty News Daily. (BEAUTY NEWS DAILY)
Colin Walsh Steps Down As CEO Of Procter & Gamble’s Specialty Beauty Division. He will be succeeded by John Brownlee, currently SVP of North America Hair Care. According to Global Cosmetics News, “the leadership transition signals P&G’s ongoing effort to integrate and scale its Specialty Beauty portfolio with greater synergy across categories.” (GLOBAL COSMETICS NEWS)
U.S. Says Bonjour To Typology. The French skin care brand has launched its hair care range, until now only available in Europe, in the U.S.. (COSMETICS BUSINESS)
Shiseido Unveils Majorly Expanded Beauty Counter At Fukuoka Airport. The expansive makeover coincides with the grand opening of Fukuoka Airport’s International Terminal Building, which happened back in March. (MARKET SCREENER)
