™All Companies & Capital
-
Meta Launches Enterprise AI Division, Hires MongoDB's Sitting CEO to Lead It
Why it mattersMeta hired MongoDB's sitting CEO CJ Desai as its new Chief Enterprise Platform Officer, reporting directly to Zuckerberg; MongoDB fell more than 20% in Monday premarket trading on the news.
-
AMD to Acquire Fei-Fei Li's World Labs for $8.2B; Li to Become Chief Scientist
Why it mattersThe ~$8.2 billion all-stock deal is AMD's second-largest acquisition, behind the 2022 Xilinx deal; Fei-Fei Li becomes AMD EVP and Chief Scientist.
