Instead of a traditional credit score, the fintech company Upstart Holdings (UPST 1.64%) uses artificial intelligence to figure out if someone is creditworthy.
Upstart Holdings
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Upstart says that compared to a credit score, its algorithms can lead to 53% fewer defaults at the same approval rate.
Another fintech company that uses technology to improve how people borrow money is Affirm Holdings (AFRM 8.20%).
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Affirm Holdings
The company makes money by charging fees to merchants for sales made on its platform and by giving out loans with interest.
SentinelOne (S 3.32%) is a security company that uses artificial intelligence to turn data from devices into stories and find and remove threats that look suspicious.
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SentinelOne
SentinelOne is spending a lot of money on sales and marketing to grow its business, so it isn't yet making money.
Palantir Technologies (PLTR 2.53%) makes software solutions that help companies get the most out of their data.
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Palantir Technologies
Palantir helps governments and private enterprises swiftly organise and analyse enormous amounts of data to make real-time decisions.
Amplitude (AMPL 5.62%) uses data to give companies the information they need to be more proactive.
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Amplitude
Amplitude software reveals how users engage with digital products. This helps the organization develop new items, advertise them, and more.