Microsoft and Estee Lauder launch AI Innovation Lab [Yahoo! Finance]
Estee Lauder Companies, Inc. (The) (EL)
Last estee lauder companies, inc. (the) earnings: 5/1 06:45 am
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Source: Yahoo! Finance
The lab allows both companies to work together on creating AI solutions for Estee Lauder's beauty brands. Using Microsoft's Azure OpenAI service, Estee Lauder has already developed an AI chatbot for marketing use. The chatbot will be used internally by Estee Lauder employees to monitor global beauty trends and navigate the company's product and claim database, the company said. Estee Lauder stated that it hoped this would allow its beauty brands to launch more personalised local advertising campaigns more quickly. Outside of marketing, Estee Lauder also confirmed that it was working with Microsoft to create AI tools for product R&D intended to be used by its scientists and product development team. “At [Estee Lauder], technology always supports our enduring strengths of high-quality products and high-touch consumer experiences,” stated Jane Lauder, the company's chief data officer. “With Microsoft's GenAI tools and extensive expertise, we are able to leverage [Estee Laude
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EL
News
- Coty Continues to Ride Fragrance Boom [Yahoo! Finance]Yahoo! Finance
- Estee Lauder (EL) Reliance on International Sales: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- Estée Lauder Companies (NYSE:EL) Is Due To Pay A Dividend Of $0.66 [Yahoo! Finance]Yahoo! Finance
- The Estée Lauder Companies Inc. (NYSE: EL) had its price target lowered by analysts at Barclays PLC from $150.00 to $140.00. They now have an "equal weight" rating on the stock.MarketBeat
- The Estée Lauder Companies Inc. (NYSE: EL) was downgraded by analysts at Morgan Stanley from an "overweight" rating to an "equal weight" rating. They now have a $140.00 price target on the stock, down previously from $164.00.MarketBeat
EL
Earnings
- 5/1/24 - Beat
EL
Sec Filings
- 5/6/24 - Form 144
- 5/1/24 - Form 10-Q
- 5/1/24 - Form 8-K
- EL's page on the SEC website