MongoDB, Inc. (MDB)

US — Technology Sector
Peers: CYBR  SMCI  IOT  SNDK  VRSN  TER  AFRM  ZM  CRDO  CHKP 

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News

Voyage AI Acquisition Adds Advanced Tech, Talent to MongoDB's AI Capabilities: Analyst
MDB
Published: February 25, 2025 by: Benzinga
Sentiment: Positive

Goldman Sachs analyst Kash Rangan maintained a Buy rating and price forecast for MongoDB, Inc. MDB following the company's acquisition of Voyage AI on Monday.

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image for news Voyage AI Acquisition Adds Advanced Tech, Talent to MongoDB's AI Capabilities: Analyst
MongoDB Acquires Voyage AI to Combat Hallucinations
MDB
Published: February 24, 2025 by: PYMNTS
Sentiment: Positive

Database company MongoDB acquired artificial intelligence firm Voyage AI. The deal — worth $220 million, according to a Monday (Feb. 24) Bloomberg report — is designed to help MongoDB's customers build better AI-powered applications through “highly accurate and relevant information retrieval deeply integrated with operational data,” according to a Monday press release.

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image for news MongoDB Acquires Voyage AI to Combat Hallucinations
Why MongoDB Stock Dropped on Monday
MDB
Published: February 24, 2025 by: The Motley Fool
Sentiment: Negative

Database company MongoDB (MDB -2.76%) tumbled 3% through 12:30 p.m. ET Monday after Bernstein analyst Firoz Valliji cut his price target on the stock nearly 12%, to $357 a share.

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MongoDB Announces Acquisition of Voyage AI to Enable Organizations to Build Trustworthy AI Applications
MDB
Published: February 24, 2025 by: PRNewsWire
Sentiment: Neutral

MongoDB to integrate Voyage AI's industry-leading embedding and reranking models, delivering highly accurate and relevant information retrieval to power sophisticated AI use cases NEW YORK , Feb. 24, 2025 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB), the leading database for modern applications, today announced it has acquired Voyage AI, a pioneer in state-of-the-art embedding and reranking models that power next-generation AI applications. Integrating Voyage AI's technology with MongoDB will enable organizations to easily build trustworthy, AI-powered applications by offering highly accurate and relevant information retrieval deeply integrated with operational data.

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image for news MongoDB Announces Acquisition of Voyage AI to Enable Organizations to Build Trustworthy AI Applications

About MongoDB, Inc. (MDB)

  • IPO Date 2017-10-19
  • Website https://www.mongodb.com
  • Industry Software - Infrastructure
  • CEO Chirantan Jitendra Desai
  • Employees 5558
MongoDB, Inc. provides general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a hybrid environment; MongoDB Atlas, a hosted multi-cloud database-as-a-service solution; and Community Server, a free-to-download version of its database, which includes the functionality that developers need to get started with MongoDB. It also provides professional services comprising consulting and training. The company was formerly known as 10gen, Inc. and changed its name to MongoDB, Inc. in August 2013. MongoDB, Inc. was incorporated in 2007 and is headquartered in New York, New York.