Meta hires MongoDB CEO Chirantan “CJ” Desai to lead a new enterprise platform unit focused on AI for business customers. Multiple outlets report that Desai will step into a senior role at Meta and report directly to CEO Mark Zuckerberg.

The move follows Desai’s departure from MongoDB, with one outlet noting he steps down from the company on Monday. CNBC and Quartz also report that the announcement drives down MongoDB’s share price. Bloomberg frames the hire as Meta’s effort to build an enterprise AI platform, emphasizing Desai’s background as MongoDB’s president and chief executive.

While outlets differ slightly in emphasis—CNBC and Quartz highlight the market reaction and the specific “enterprise platform” remit, and Bloomberg focuses on the creation of an “AI platform” for enterprises—each account agrees on the core facts: Meta recruits Desai, he leaves MongoDB, and he works under Zuckerberg to lead the new enterprise initiative.