Meta launches enterprise AI platform, hires MongoDB CEO to lead new initiative
techcrunch ·
Meta has officially launched the Meta Enterprise Platform, a new initiative designed to expand its artificial intelligence capabilities to corporate clients and businesses. To lead this strategic effort, the company hired Chirantan 'CJ' Desai, the current CEO of database software firm MongoDB. This launch builds upon the recent introduction of Muse, Meta's personal AI assistant, by offering a comprehensive technology stack that includes tools like Meta Business Agent and the Muse API. Desai emphasized that Meta aims to transform its advanced models and agents into deployable products that help organizations innovate and scale their operations. The announcement had immediate financial repercussions for MongoDB, whose stock price dropped more than 17% following news of its CEO's departure. In response, MongoDB appointed Dev Ittycheria as interim chief executive while the board searches for a permanent replacement. This move positions Meta to potentially monetize its significant investments in AI infrastructure by targeting the enterprise market.
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