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Benzinga

Business

Vishaal Sanjay

MongoDB's CEO Shocks Wall Street By Saying AI Workloads Not A 'Material Driver Yet' As Fortune 500 Clients Power Growth

Mongo MongoDB Dev Ittycheria MDB MongoDB Inc

mongoDB

Database engine MongoDB Inc. (NASDAQ:MDB) posted a strong second-quarter performance, sending the stock rallying after hours, amid surprising claims by the company’s CEO, Dev Ittycheria, regarding its AI workloads and customer base.

AI Customers ‘Not A Material Driver’ Yet

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