[CNBC Television] All lending is heading toward the use of AI, online lending marketplace Upstart CEO says | NEWS – USA Again

[CNBC Television] All lending is heading toward the use of AI, online lending marketplace Upstart CEO says | NEWS – USA Again

Artificial intelligence is being leveraged in ways to produce higher approval rates for borrowers and lower loss rates for lenders, leading to more profitability for financial companies, Upstart CEO Dave Girouard said.

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