Perfect Corp. ("Perfect"), a global leader in providing augmented reality ("AR") and artificial intelligence ("AI") Software-as-a-Service ("SaaS") solutions to beauty and fashion industries, and Provident Acquisition Corp, a special purpose acquisition company, announced the completion of their previously announced business combination (the "Business Combination"). The listed company resulting from the Business Combination will be called Perfect Corp., and its shares and warrants will commence trading on the New York Stock Exchange under the ticker symbols "PERF" and "PERF WS," respectively, on October 31, 2022. Alice Chang, Founder and Chief Executive Officer of Perfect, commented, "We are thrilled to continue Perfect's evolution, now as a public company, by reaching this significant milestone. Leveraging our access to the global capital market, we plan to extend our industry coverage from beauty and fashion to tangential sectors, augment our innovative AR and AI SaaS solutions, and empower more enterprises around the world to deliver transformative virtual product try-on experiences to consumers." Passwords and People are the Biggest Risks to Businesses' Cyber Security, says Consolidated Communications' Head of Network Security Marco's Pizza Selects Medallia to Boost its Market Intelligence Michael Aw, Chief Executive Officer of Provident, commented, "Provident is proud to partner with a company whose unparalleled leadership and vision have driven it to the forefront of today's beauty and fashion industries. With its innovative AI and AR solutions and strong partnerships with the world's leading beauty groups, we believe that Perfect is well positioned to continue growing its business and deliver sustainable shareholder returns. We are excited for the opportunities that lie ahead, and we look forward to working with Perfect in the future as a newly-public company."

Perfect Corp., the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, introduced its new virtual try-on technology for hairstyles. The innovative solution leverages advanced AI technology, including machine learning and Generative Adversarial Network (GAN), to help brands and hair salon businesses provide customers with hyper-realistic hairstyle simulations. This new virtual try-on solution will help consumers visualize how various haircuts look before committing to a certain style, ultimately helping to increase consumer confidence while personalizing the salon experience in an exciting new way. "Our goal is to solve consumer pain points through the power of AI and AR technology innovations" Perfect Corp.'s AI virtual try-on technology for hairstyles allows consumers to experiment with different looks before committing to a new haircut. Users can choose from 12 unique styles, including classic bob cut, bob cut without bangs, curly bob cut, wavy bob cut, short, pixie cut, long curly, long wavy, long wavy with bangs, long straight with bangs, comb over, and buzz cut.

Perfect Corp., the artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech solutions provider, has introduced its AI Personality Finder, a groundbreaking addition to its comprehensive suite of AI and AR SaaS solutions. This solution features precision AI, powered by Perfect Corp.'s patented AgileFace technology, to deliver a more personalised product matching experience to consumers. The solution pairs AI-powered facial features mapping with psychological big data in order to identify key personality traits, and provide consumers with personalised product recommendations across beauty, fashion, and fragrance. Perfect Corp.'s new AI Personality Finder is anchored in The Big Five Personality Traits, a gold standard in psychology, which comprises extroversion, conscientiousness, openness, agreeableness, and neuroticism. The advanced AI engine categorizes facial features and detects up to 65 types of unique facial attributes.

This is our AI Daily Roundup today. We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in artificial intelligence (AI), Machine Learning, Robotic Process Automation, Fintech, and human-system interactions. We cover the role of AI Daily Roundup and its application in various industries and daily lives. Businesses are immensely benefiting from AI adoption.

Perfect Corp., the world leading augmented reality (AR) and artificial intelligence (AI) beauty tech solutions provider and developer of the YouCam Suite of Apps, integrated a new hyper-realistic facial aging simulation feature into its award-winning YouCam Makeup app. The new experience, named YouCam Time Machine, allows users to travel forward in time to see what they might look like in the future, or go back to revisit their younger selves. This press release features multimedia. The ultra-realistic results are achieved thanks to the newest developments in the AI Generative Adversarial Network (GAN) technology. The advanced functionality enables users to choose any age between 12 and 70 by simply moving the slider.

Artificial intelligence and augmented reality are still in the early stages of adoption in retail. The beauty care sector, however, has grabbed these bulls by the horns, which isn't surprising when you consider how personal the buying experience is. "Try more, (you) definitely buy more," observed Forbes contributor Laura Heller in introducing "Beauty Tech 360: AI and AR Personalized Solution" during the recent CES show at the Las Vegas Convention Center. The session, moderated by Adam Gam, U.S. chief marketing officer at Perfect Corp., addressed how brands and retailers are leveraging custom technology solutions across omnichannel touchpoints -- including interactive kiosks -- to better understand and meet customers' needs. Perfect Corp's AI-powered YouCam beauty app allows customers to "try on" beauty products and has launched in several stores.

Artificial intelligence, it's said, will provide power to the 4th industrial revolution, changing the manner in which we work, live and interact. It's quickly disrupting all sorts of industries, and in beauty, organizations from probably the largest multinationals to impartial start ups are more and more investing in AI to bring groundbreaking innovative developments to customers. Earlier this year L'Oreal snapped up AI and augmented reality (AR) beauty brand ModiFace with plans to "support the reinvention of the beauty experience". Coty, meanwhile, has launched an accelerator programme for AI start-ups to earn an opportunity to work with the beauty company. And Perfect Corp has debuted its first Global AI Challenge, inviting resourceful innovators to build up beauty tech treatments using AI across all item categories from toothpaste to nail polish.