Home / Business and Economy / Meta Launches New AI Business Unit for Enterprises
Meta Launches New AI Business Unit for Enterprises
28 Sep
Summary
- Meta is launching a new business selling AI tools to enterprise customers.
- The unit will combine existing products and advanced AI models.
- Chirantan "CJ" Desai will lead the new Meta Enterprise Platform.
Meta is establishing a new business dedicated to enterprise AI solutions, signaling a significant push to generate revenue from its substantial investments in the technology. This new venture, named Meta Enterprise Platform, aims to offer businesses AI tools and services to foster growth and transformation.
The platform will encompass Meta's AI offerings, including its Muse personal assistant and advanced AI models. Chirantan "CJ" Desai, formerly of MongoDB, has been appointed to lead this new unit, reporting directly to CEO Mark Zuckerberg.
This strategic pivot comes as Meta continues to invest heavily in AI, with significant capital expenditure planned. The company sees AI as a way to bolster its existing advertising business while creating new profit streams. The Muse app has recently seen strong consumer adoption, boosting investor confidence.
