Meta Launches Enterprise Platform and Appoints Chirantan Desai as Chief Officer
Meta Platforms has launched the Meta Enterprise Platform, creating a dedicated division to sell artificial intelligence tools and services directly to corporate customers. The platform offers tools including the Muse agent, Meta Business Agent, Muse API, and Muse Code, aiming to monetize its multibillion-dollar AI infrastructure investments and diversify revenue beyond digital advertising. Meta appointed former MongoDB CEO Chirantan 'CJ' Desai as Chief Enterprise Platform Officer, reporting to CEO Mark Zuckerberg. The move pressured enterprise software stocks, sending MongoDB down 25%, monday.com down 7%, ServiceNow down 5%, and Salesforce down 4.5%.