Meta on Monday announced the launch of “Meta Enterprise Platform,” a new initiative aimed at extending the company’s AI offerings to businesses and enterprises. The social media giant has hired Chirantan “CJ” Desai, 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 AI personal assistant launched earlier this month, capable of performing tasks for users such as sending emails and booking travel.
Meta says it will focus on delivering 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 their customers and manage their business operations,” Desai said in a statement. “Meta has a unique role to play as it brings together advanced models and leading agents with a proven track record of helping millions of advertisers and hundreds of millions of businesses grow. Meta Enterprise Platform will focus on transforming its AI stack into products and services that enterprises can deploy for their own businesses.”
The move could help Meta get a return on all the money it invests in AI.
MongoDB shares fell more than 17% on news of its CEO’s sudden departure. The database maker said it has appointed Dev Ittycheria as interim chief executive, who previously held the role, while the board searches for a permanent replacement for Desai.
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