MongoDB Inc.

11/04/2024 | News release | Distributed by Public on 11/04/2024 15:17

MongoDB and Partners: Building the AI Future, Together

If you're like me, over the past year you've closely watched AI's developments-and the world's reactions to them. From infectious excitement about AI's capabilities, to impatience with its cost and return on investment, every day has been filled with AI twists and turns. It's been quite the roller coaster.

During the ride, from time to time I've wondered where AI falls on the Gartner hype cycle, which gives "a view of how a technology or application will evolve over time." Have we hit the "peak of inflated expectations" only to fall into the "trough of disillusionment?" Or is the hype cycle an imperfect guide, as The Economist argues?

The reality is that it takes time for any new technology-even transformative ones like AI-to take hold. And every advance, no matter how big, has had its detractors. A famous example is that of Picasso (!), who in 1968 said, "Computers are useless. They can only give you answers." (!!)

For our part, MongoDB is convinced that AI is a once-in-a-generation technology that will enhance every future application-a belief that has been reinforced by the incredible work our partners have shared at MongoDB's 2024 events.

Speeding AI development

MongoDB is committed to helping organizations of all sizes succeed with AI, and one way we're doing that is by collaborating with the MongoDB partner ecosystem to create powerful, user-friendly AI development tools and solutions.

For example, Fireworks.ai-which is a member of the MongoDB AI Applications Program ecosystem-created an inference solution that hosts gen AI models and supports containerized deployments. This tool makes it easier for developers to build and deploy powerful applications with a range of easy-to-use tools and customization options. They can choose to use state-of-the-art, open-source language, image, and multimodal foundation models off the shelf, or they can customize and fine-tune models to their needs.

Jointly, Fireworks.ai and MongoDB provide a solution for developers who want to leverage highly curated and optimized open-source models and combine these with their organization's own proprietary data-and to do so with unparalleled speed and security.

"MongoDB is one of the most sophisticated database providers, and it's very easy to use," said Benny Chen, cofounder of Fireworks.ai. "We want developers to be able to use these tools, and we want to work with providers who enable and empower developers."

Nomic, another MAAP ecosystem member, also enables developers with best-in-class solutions across the entire unstructured data workflow. Their Embed offering, available through the Nomic API, allows users to vectorize large-scale datasets for use in text, image, and multimodal retrieval applications, including retrieval-augmented generation (RAG), using only their web browser.

The Nomic-MongoDB solution is a highly efficient, open-weight model that developers can use to visualize the unstructured datasets they store in MongoDB Atlas. These insights help users quickly discover trends and articulate data-driven value propositions. Nomic also supported the recently announced vector quantization in MongoDB Atlas Vector Search, which reduces vector sizes while preserving performance.

Last-but hardly least!-there's our new reference architecture with MAAP partners AWS and Anthropic. Announced at MongoDB.local London, the reference architecture supports building memory-enhanced AI agents, and is designed to streamline complex processes and develop smarter, more responsive applications. For more-including a link to the code on Github-check out the MongoDB Developer Center.

Making AI work for anyone and everyone

The companies MongoDB partners with aren't just making gen AI easier for developers-they're building tools for everyone. For example, Capgemini has invested $2 billion in gen AI and is training 100,000 of its employees in the technology.

GenYoda, a solution that helps insurance professionals with their daily work, is a product of this investment. GenYoda leverages MongoDB Atlas Vector Search to analyze large amounts of customer data, like policy statements, premiums, claims history, and health information.

Using GenYoda, insurance professionals can quickly analyze underwriters' reports to make informed decisions, create longitudinal health summaries, and streamline customer interactions to improve contact center efficiency. GenYoda can ingest 100,000 documents in just a few hours and respond to users' queries in two to three seconds-a metric on par with the most widely used gen AI models.

And it produces results: in one example, by using Capgemini's solution an insurer was able to increase productivity by 15%, add new reports 25% faster (thus speeding decision-making), and reduce the manual effort of searching PDFs, increasing efficiency by 10%.

Building the future of AI together

So, what's next? Honestly, I'm as curious as you are. But I'm also incredibly excited. At MongoDB, we're active participants in the AI revolution, working to embrace the possibilities that lie ahead. The future of gen AI is bright, and I can't wait to see what we'll build together.

To learn more about how MongoDB can accelerate your AI journey, explore the MongoDB AI Applications Program.