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Meta launches Enterprise Platform to offer AI tools for businesses, appoints Chirantan Desai to lead initiative.

Market News
28 Sep 2026
Proactive Investors
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Bearish
Meta launches Enterprise Platform to offer AI tools for businesses, appoints Chirantan Desai to lead initiative.

Meta Platforms Inc has introduced the Meta Enterprise Platform, designed to provide businesses with AI-powered tools like the Muse agent, Meta Business Agent, Muse API, and Muse Code. This initiative aims to leverage Meta's advanced AI models and infrastructure to help companies scale their operations securely. Chirantan Desai, former CEO of MongoDB, has been appointed as chief enterprise platform officer to lead the project, reporting directly to CEO Mark Zuckerberg. Despite the launch, Meta's shares fell about 4.3% on the announcement day.

Meta Platforms shares trade at USD 725.20 on Pluang as of Sep 28, 2026 23:31 WIB, down 3.52% in one day. The stock's market cap stands at $1.91 trillion with a dividend yield of 0.28%. Meanwhile, MongoDB shares are priced at USD 336.06, down 18.12% in one day, reflecting higher volatility in the tech sector on Pluang.

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