MongoDB stock fell as much as 27% on Monday after Meta poached its president and CEO, Chirantan "CJ" Desai. Desai will lead Meta's new enterprise-AI platform, which CEO Mark Zuckerberg described as "the next major pillar of our business." The new division aims to sell AI tools and infrastructure to corporate clients. Zuckerberg praised Desai's experience in enterprise leadership and his track record in AI, infrastructure, business applications, and security.
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