Upstart, which uses AI to gauge creditworthiness, cuts its 2022 revenue forecast down from $1.4B to $1.25B, citing rising interest rates; stock plummets 60%+ (Hannah Miao/CNBC)

May 10, 2022

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Hannah Miao / CNBC:

Upstart, which uses AI to gauge creditworthiness, cuts its 2022 revenue forecast down from $1.4B to $1.25B, citing rising interest rates; stock plummets 60%+  —  – Shares of Upstart plummeted Tuesday after the AI consumer lending platform cut its full-year revenue outlook.



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