Meta on Monday announced the launch of the Meta Enterprise Platform, a new initiative aimed at extending its AI products to enterprise and enterprise customers. The social media giant has hired Chirantan “CJ” Desai, CEO of database software giant MongoDB, to lead its new initiative.
The new business launch builds on the momentum of Muse, Meta’s personal AI assistant launched earlier this month that can perform user tasks like sending emails and booking travel.
Meta says it is focused on providing businesses and developers with a complete technology stack, including Muse, Meta Business Agent, Muse API, Muse Code, and more.
“In the coming years, AI will fundamentally redefine how organizations of all sizes innovate, grow, serve customers, and operate their businesses,” Desai said in a statement. “Meta has a unique role in bringing together advanced models and leading agents with a proven track record of helping millions of advertisers and hundreds of millions of businesses grow. The Meta Enterprise Platform is focused on turning our first-party AI stacks into products and services that companies can deploy in their businesses.”
This move could help Meta look to see a return on all the money he’s putting into AI.
MongoDB stock price fell more than 17% following news of the CEO’s sudden resignation. The database maker announced that it has appointed Deb Itticheria, who previously served in that role, as interim chief executive officer while its board searches for Desai’s permanent replacement.
