We recently published a list of Top 8 Trending AI News Updates Investors Should Not Miss. In this article, we are going to take a look at where MongoDB Inc. (NASDAQ:MDB) stands against other top trending AI news updates investors should not miss.
As AI takes over industries worldwide, the technology has begun replacing the redundant human workforce, as popular banks reveal plans to shrink headcount amid rapid AI adoption. The lightning-fast takeover of AI is also reflected in OpenAI’s claims that it now serves 400 million weekly active users, a 100 million jump in users since December 2024.
Scale AI CEO and founder Alexander Wang said at the Web Summit Qatar 2025 that the US and China are leading in AI preparedness.
“Nearly every country in the world, or nearly every company in the world, will ultimately likely build AI technology on top of either the US technology stack or that of the Chinese technology stack,” Wang noted.
Elsewhere, the surging demand for AI infrastructure has prompted South Korea to build the world’s biggest AI data center with a 3 GW capacity by 2028. The $10 billion project is expected to commence construction in H2 2025 and generate revenues of $2.5 billion annually.
“This is more than just a technological milestone; it’s a strategic leap forward for Korea’s global technological leadership. We are incredibly proud to partner with Stock Farm Road and the Jeollanam-do government to build this crucial infrastructure, creating an unprecedented opportunity to build the foundation for next-generation AI.”
-said SFR co-founder Dr Amin Badr-El-Din
We selected AI stocks by reviewing news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey’s database of over 1000 hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
A software engineer hosting a remote video training session on a multi-cloud database-as-a-service solution.
MongoDB Inc. (NASDAQ:MDB)
Number of Hedge Fund Holders: 70
MongoDB Inc. (NASDAQ:MDB) offers a leading open-source database within its unified, intelligent data platform to help developers build next-gen applications. Its diverse features, such as AI-driven retrieval alongside real-time analytics and enhanced operational data search capabilities, enable companies to simplify complex architectures and innovate more efficiently.
On February 24th, MongoDB Inc. (NASDAQ:MDB) announced the acquisition of Voyage AI, which specializes in embedding and reranking models through powerful retrieval mechanisms, to advance the development of AI applications. The acquisition will help developers using the MongoDB database build AI-powered applications using highly accurate data and high-quality data retrieval capability.
“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.”
-said Dev Ittycheria, CEO of MongoDB Inc.
Overall, MDB ranks 3rd on our list of top trending AI news updates investors should not miss. While we acknowledge the potential of MDB as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than MDB but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
