Meta Hires MongoDB CEO CJ Desai for AI Enterprise Platform as MongoDB Shares Drop 24%
Updated
Updated · CNBC · Sep 28
Meta Hires MongoDB CEO CJ Desai for AI Enterprise Platform as MongoDB Shares Drop 24%
2 articles · Updated · CNBC · Sep 28
Summary
CJ Desai will join Meta as chief enterprise platform officer, reporting to Mark Zuckerberg and leading the new Meta Enterprise Platform for business customers.
Meta said the platform will initially focus on a tool suite including its Muse agent, a business agent and a coding tool, extending the company's broader AI push into enterprise software.
MongoDB shares fell 24% after the move, and the board reinstalled Dev Ittycheria as interim president and CEO less than a year after Desai succeeded him in November 2025.
Meta is making the hire as investors press for returns on billions of dollars in AI infrastructure spending, even as its Muse assistant recently surged past ChatGPT as the top free iOS app.