Overview
- Meta announced the new Meta Enterprise Platform and named Chirantan “CJ” Desai as chief enterprise platform officer on September 28, 2026 to lead the effort.
- The company said its initial product focus will bring Muse agent, Muse API, Muse Code and Meta Business Agent to businesses and developers to automate tasks and customer interactions.
- Meta raised its 2026 capital expenditure guidance to $130 billion and attributed the increase largely to investments in AI infrastructure needed to support enterprise products.
- MongoDB’s board appointed former CEO Dev Ittycheria as interim president and CEO after Desai resigned, and MongoDB shares fell about 17% on the news.
- The move signals Meta’s strategic push to diversify beyond advertising into enterprise AI and could reshape demand for cloud, data and developer tools as companies adopt agent and coding products.