L'Oreal, Mondelez among firms using AI in product innovation L'Oreal: AI has made product formulation four times faster Mondelez used AI tool to develop Oreo, Chips Ahoy! recipes Mondelez: AI helped biscuits outperform on nutrition, cost VIENNA, July 6 (Reuters) - French cosmetics company L'Oreal has used AI to identify molecules in its skincare products that can be repurposed for use in shampoo and can now create products four times faster than before, a senior executive told Reuters.