Meta Hires MongoDB CEO Desai for Enterprise AI
Meta Platforms has hired MongoDB CEO Chirantan Desai to lead a new division bringing corporate AI tools to businesses. MongoDB shares fell 18 percent following the departure announcement.
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Meta Platforms poached MongoDB CEO Chirantan CJ Desai on Monday morning to lead a new enterprise AI division. Shares of the database provider tumbled 18% in Monday morning trading following the departure. Desai's exit leaves the database firm searching for a permanent leader after less than a year at the helm.
