MongoDB acquires Voyage AI to boost AI-powered application capabilities

Investing.com -- MongoDB , Inc. (NASDAQ:MDB), a leading modern application database provider, has announced the acquisition of Voyage AI, a company specializing in advanced embedding and reranking models for AI applications. This integration will allow organizations to build reliable, AI-powered applications by providing precise and pertinent information retrieval deeply integrated with operational data.

Dev Ittycheria, CEO of MongoDB, stated that the integration of advanced AI-powered search and retrieval capabilities into their flexible database system will facilitate enterprises in building reliable AI applications that can create significant business impact. He further stated that the acquisition of Voyage AI repositions MongoDB’s database requirements to meet the demands of the AI era.

Tengyu Ma, founder of Voyage AI, emphasized that for AI applications to be fully effective, businesses must trust their outputs. He added that integrating retrieval with operational data ensures accuracy and relevance. The partnership with MongoDB allows Voyage AI to extend its innovative AI retrieval technology to a wider audience and integrate it efficiently into mission-critical applications. The collaboration of Voyage AI’s expertise in embeddings and reranking with MongoDB’s top-notch database will aid organizations in constructing AI applications that deliver more accurate and reliable results at scale. This will empower them to confidently apply AI to high-stakes use cases.

Voyage AI’s embedding and reranking models will continue to be accessible through voyage.ai, AWS Marketplace, and Azure Marketplace. More MongoDB integrations are expected to be launched later this year.

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