Victoria's Secret launching Google-powered AI chatbot as shopping tool – MarketWatch

Victoria’s Secret & Co. said Thursday it’s teaming up with Alphabet’s Google Cloud Vertex AI unit to offer an online chatbot to provide personalized advice to shoppers.
Financial terms of the multi-year deal were not disclosed.
Victoria’s Secret VSCO, +1.38% said the “conversational chatbot” will provide customers with “tailored product recommendations and helpful advice” based on the personal preferences and life experiences of shoppers.
The chatbot will talk to consumers and offer them choices “whether a customer is a sports enthusiast, a nursing mother, a breast cancer survivor recovering from a mastectomy, or simply ready for a new bra.”
Victoria’s Secret’s stock rose by 0.8% in premarket trading. Alphabet’s stock GOOGL, -0.14% GOOG, -0.09% was up by 0.4%.
Victoria’s Secret said it’ll tap Google Cloud’s AI and generative-AI technologies both for customers and to “drive operational efficiencies within the business.”
The retailer said the technology will help it leverage the more than 500 million annual visits to its websites.
Victoria’s Secret said it’s already using Google’s Vertex AI and Duet AI for its Adore Me direct-to-consumer lingerie company.
“Victoria’s Secret & Co. is actively exploring strategic ways to integrate Google Cloud’s cutting-edge AI technologies to elevate its internal operations,” the company said. “The brand’s vision includes leveraging these technologies in marketing, analyzing customer sentiment and more.”
Google’s AI capabilities could also be used to optimize its supply chain and for human resources.
The consumer price index report showed headline inflation rose 3.4% last month, compared with the 3.2% expected.

Steve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.
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