Upstart is using artificial intelligence to make lending decisions.
The new process could be better than legacy methods of determining borrower risk. This video will check on Upstart's (UPST 0.96%) progress in overcoming investor skepticism about the new model.
*Stock prices used were the afternoon prices of Feb. 16, 2023. The video was published on Feb. 18, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Upstart. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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