**MongoDB Acquires Voyage AI to Enhance AI Capabilities for Information Retrieval** NEW YORK, Feb. 24, 2025 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB), a leader in modern application databases, has announced the acquisition of Voyage AI, known for its advanced embedding and reranking models for AI applications. This integration allows organizations to develop reliable, AI-driven applications with precise and relevant information retrieval linked to operational data. AI applications can tackle complex tasks beyond traditional software; however, they may produce false or misleading information due to their probabilistic nature, known as hallucinations. This limitation poses risks, particularly in critical sectors like healthcare, finance, and law, where accurate information is essential. Enhancing the quality of information retrieval is crucial to overcoming these challenges, ensuring relevance and precision. Voyage AI's sophisticated models facilitate meaning extraction from specialized sources, including legal, financial, and unstructured data. Their technology is widely respected, being used by top AI companies such as Anthropic and LangChain, and ranked highly within the Hugging Face community.

The team consists of leading AI researchers from prestigious institutions, enhancing MongoDB’s capacity to solve complex AI application challenges. MongoDB CEO Dev Ittycheria stated that this acquisition addresses the challenge of AI hallucinations, enabling businesses to build trustworthy applications that have a significant business impact, redefining database needs for the AI era. Tengyu Ma, Founder of Voyage AI, commented that integration into MongoDB will help provide accurate data retrieval for critical applications, thus expanding the reach of their AI technology. Voyage AI’s models will be accessible via voyage. ai and major cloud marketplaces, with further MongoDB integrations planned for the near future. For more information about Voyage AI's technology and implications for AI developments, visit the MongoDB blog. **About MongoDB** Based in New York, MongoDB empowers innovators to disrupt industries through software and data. Its intelligent data platform supports the next generation of applications, offering integrated capabilities that assist organizations in moving faster and innovating effectively. Used by millions of developers and over 50, 000 customers, including 70% of the Fortune 100, MongoDB stands as a widely distributed database designed to tackle complex tasks seamlessly. **Forward-looking Statements** This announcement contains "forward-looking statements, " addressing MongoDB’s future plans and expectations regarding the acquisition. Actual results may differ due to various uncertainties and risks. For detailed risk factors, refer to MongoDB’s SEC filings. **Press Contact:** [email protected] SOURCE: MongoDB, Inc.