Don't Buy the AI Hype: Avoid This Crashing Software Stock
Not every company will benefit from AI. The most important question to ask MongoDB CEO Dev Ittycheria opened the company's earnings report with a statement about the opportunity presented by AI. MongoDB sees AI spurring companies running legacy workloads to modernize those workloads, thus opening the door for MongoDB's database to replace legacy alternatives. "We are confident MongoDB will be a substantial beneficiary of this next wave of application development," Ittycheria said. The big question to ask is ...