MongoDB Acquires Voyage AI
February 24, 2025
MongoDB, Inc. has acquired Voyage AI, a developer of advanced embedding and reranking models, to integrate high-quality retrieval capabilities into MongoDB's data platform and help customers build more trustworthy AI applications. The deal (reported at approximately $220 million) brings Voyage AI's models and team into MongoDB to improve accuracy and reduce hallucinations for mission-critical AI use cases.
- Buyers
- MongoDB, Inc.
- Targets
- Voyage AI
- Industry
- AI & Machine Learning
- Location
- California, United States
- Transaction Type
- Buyout
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