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Pagaya, whose AI-powered service makes financial transactions like lending more efficient for banks, is going public in a SPAC merger at a valuation of ~$9B (Amrith Ramkumar/Wall Street Journal)




Amrith Ramkumar / Wall Street Journal:

Pagaya, whose AI-powered service makes financial transactions like lending more efficient for banks, is going public in a SPAC merger at a valuation of ~$9B  —  Pagaya would combine with the SPAC EJF Acquisition and uses artificial intelligence to improve lending and other financial processes





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