MongoDB, Inc. announced the acquisition of Voyage AI, a pioneer in state-of-the-art embedding and reranking models that power next-generation AI applications. Combining Voyage AI’s technology with MongoDB will enable organizations to easily build trustworthy, AI-powered applications by offering highly accurate and relevant information retrieval deeply integrated with operational data.
AI-powered applications can address a wide variety of complex use cases that traditional software cannot; however, because AI models are probabilistic, they can hallucinate when a model generates false or inaccurate information, which can pose serious risks especially in scenarios like a hospital performing cancer screenings, a financial firm making autonomous investment decisions, or a law firm offering legal advice. Hence, the risk of hallucinations has limited the use of AI applications for mission-critical use cases. These hallucinations typically occur when the AI model lacks sufficient understanding or context.
To address this issue, companies need high-quality retrieval—a critical AI capability that ensures the most relevant information is extracted from their data with precision. Voyage AI’s advanced embedding and reranking models enable applications to extract meaning from highly specialized and domain-specific text and unstructured data—ranging from legal and financial documents to images, code, and enterprise knowledge bases.
Dev Ittycheria, CEO of MongoDB said “AI has the promise to transform every business, but adoption is held back by the risk of hallucinations”. “By bringing the power of advanced AI-powered search and retrieval to our highly flexible database, the combination of MongoDB and Voyage AI enables enterprises to easily build trustworthy AI-powered applications that drive meaningful business impact. With this acquisition, MongoDB is redefining what’s required of the database for the AI era.”
“For AI applications to reach their full potential, businesses must trust their outputs, so retrieval needs to be deeply integrated with operational data to be accurate and relevant,” said Tengyu Ma, Founder of Voyage AI. “Joining MongoDB enables us to bring our cutting-edge AI retrieval technology to a broader audience and integrate it seamlessly into mission-critical applications. By combining our expertise in embeddings and reranking with MongoDB’s best-in-class database, we can help organizations build AI applications that deliver more accurate and reliable results at scale, empowering them to confidently apply AI to high-stakes use cases.”
Voyage AI’s embedding and reranking models will continue to be available through voyage.ai, AWS Marketplace, and Azure Marketplace, with further MongoDB integrations launching later this year.
