Meta Platforms announced on Monday, September 28, 2026, that it is launching Meta Enterprise Platform, a new business unit built to sell its AI tools directly to companies and developers. The initial offering packages Meta’s enterprise AI stack, including the Muse agent, Meta Business Agent, Muse API, and Muse Code.
To lead the new division, Meta hired MongoDB CEO Chirantan “CJ” Desai as Chief Enterprise Platform Officer. Desai, who had led MongoDB only since November, will report directly to Mark Zuckerberg. Zuckerberg framed the launch as the start of a new business pillar alongside Meta’s advertising operations, pointing to Meta’s existing billions of consumers, hundreds of millions of business relationships, model development, agent technology, and infrastructure as competitive advantages.
Desai previously led product and engineering at Cloudflare and spent nearly eight years at ServiceNow, eventually becoming President and COO. He said AI will change how companies of all sizes operate, and that security and privacy will be built into Meta’s enterprise products from the start.
MongoDB confirmed Desai’s departure the same day. Dev Ittycheria, whom Desai replaced last November, is returning as interim president and CEO while the company searches for a permanent replacement. MongoDB stock fell approximately 20% in premarket trading and was down about 25% from its recent high. Wall Street analysts maintain an Overweight consensus rating on MDB with a mean price target near $470, implying significant potential upside from current levels according to The Wall Street Journal.
The news is primarily a corporate and equity-market development rather than a crypto-native event, with no direct coins or blockchain projects implicated.
