AFFIRM $AFRM SAYS ITS NEW AI UNDERWRITING MODEL ADDED 3.4% END-TO-END CONVERSION WITH…
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AFFIRM $AFRM SAYS ITS NEW AI UNDERWRITING MODEL ADDED 3.4% END-TO-END CONVERSION WITH CREDIT LOSSES FLAT What the first version of its transformer-based model, built on the same kind of architecture as today's popular LLMs, delivered: End-to-end conversion: an incremental 3.4% Credit approvals: significantly higher Credit losses: flat Affirm says every decision stays deterministic, transparent and explainable to consumers. Active merchants grew 48% to 621,000 in the quarter.
Posted by WOLF (492.3k followers) 18 h ago · 14 likes · 8.3k views · view the original post on X. Kept by the AI Radar as AI business.
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