The next time you spot a lip color that you like, you can quickly use AI to find a corresponding shade in Chanel's range of lipsticks. The company is announcing today its new Lipscanner app that lets you use your phone's camera to identify a hue -- whether it's on someone's lips or just the color of your favorite purse. Then, it'll suggest a match from Chanel's "lip universe," which includes more than 400 products encompassing different finishes and shades. This isn't the first time a beauty company has made an app to identify lipstick shades -- YSL's Perso system will even print out the exact color you scan, making it more sophisticated. Lipscanner will also allow you to virtually "try on" the lipstick to see if you like it.