Meta launches enterprise AI platform, hires MongoDB CEO to lead new initiative

Meta announced Monday that it’s launching “Meta Enterprise Platform,” a new initiative aimed at expanding the company’s AI offerings to businesses and corporate customers. The social media giant hired Chirantan “CJ” Desai, the CEO of database software giant MongoDB, to lead the new initiative.

The launch of the new business builds on the momentum of Muse, Meta’s personal AI assistant launched earlier this month that can perform tasks for users such as sending emails and booking travel.

Meta says it will focus on bringing its full technology stack, including Muse, Meta Business Agent, Muse API, Muse Code, and more to businesses and developers.

“Over the coming years, AI will fundamentally redefine how organizations of all sizes innovate, grow, serve customers, and run business operations,” Desai said in a statement. “Meta has a unique role to play because it is bringing together advanced models and leading agents with a proven track record of helping millions of advertisers and hundreds of millions of businesses scale. Meta Enterprise Platform will focus on turning its AI stack into products and services that companies can deploy for their own businesses.”

The move could help Meta see a return on all the money it’s pouring into AI.

MongoDB’s shares dropped by more than 17% on the news of its CEO’s sudden departure. The database maker said it appointed Dev Ittycheria as interim chief executive, who previously served in the role, while the board searches for Desai’s permanent replacement.

Get 50% off a second pass

The Disrupt experience is meant to be shared. Get your pass and bring a colleague, partner, or peer at 50% off. Cover more ground by making connections, building momentum, and discovering what’s next in the startup ecosystem.

Every weekday and Sunday, you can get the best of TechCrunch’s coverage.

TechCrunch Mobility is your destination for transportation news and insight.

Startups are the core of TechCrunch, so get our best coverage delivered weekly.

Provides movers and shakers with the info they need to start their day.

By submitting your email, you agree to our Terms and Privacy Notice.