Voyage AI acquisition adds advanced technology to MongoDB’s AI capabilities, Talent: Analyst – MongoDB (NASDAQ: MDB)

Goldman Sachs Analyst Kash Rangan maintains buy rating and price forecast Mongodb, Inc. MDB After the company acquired Navigation AI on Monday.

Mongodb told Bloomberg that the purchase was $220 million based on transactions in cash and stocks.

The analyst said they believe that the purchase of navigation AI will enhance MongoDB’s AI product roadmap and position in the modern data stack.

This is largely due to Voyage’s advanced text embedded and re-summarized models, which enhances organizations’ ability to create better contextual relevance, cost-efficiency and latency, analysts added.

Rangan noted that Voyage’s flagship universal and multilingual embedded model, Voyage-3-Large (released on January 7, 2025), surpassed OpenAI-V3-Large, and averaged over 9.74% and 20.71% and 20.71% according to Navigation AI to retrieve quality.

In addition, Voyage AI’s Voyage-3-Large uses advanced technologies such as quantitative perception training and Matryoshka learning, which reduces storage costs and processing time and has minimal impact on retrieval quality, the analyst said.

Overall, analysts see it as a valuable acquisition of MongoDB’s technology and talent, while Voyage’s model (which will be integrated later this year) offers top-notch embedded models that offer performance and cost advantages and potentially fast tracking. A platform for AI production workloads MongoDB.

This is consistent with analysts expecting revenue growth of 20%+ atlas during the near-medium period.

As Atlas accounts for about 70% of revenue, analysts’ revenue has been growing 20% ​​since its launch, so the strong potential of analysts’ continued growth in the medium term and the ability to reach over $8 billion in revenue for a long time.

Investors can pass Trueshares Technology, AI and Deep Learning ETFs lrnz and Sterling Capital Focus Equity ETF LCG.

Price action: MDB shares closed 2.77% on Tuesday to $259.71.

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