Business loans remain vital to economic growth, but they come with inherent risks that banks must manage, such as credit and business risk. The potential of generative AI is explored to enhance risk assessments for business loans, particularly using MongoDB’s multimodal capabilities to conduct comprehensive analyses. Generative AI can assist loan officers by analyzing business plans and identifying key risks, although challenges like the possibility of AI-generated "hallucinations" exist. To address these, the concept of retrieval-augmented generation (RAG) using MongoDB is proposed, which combines AI with external data sources to provide more accurate risk assessments. In parallel, MongoDB announces that Dev Ittycheria will retire as CEO, with Chirantan "CJ" Desai succeeding him. Desai's experience at companies like ServiceNow and Cloudflare positions him to guide MongoDB through its next phase, leveraging the rise of AI and data-driven applications. This leadership transition is aimed at maintaining MongoDB's momentum and capitalizing on emerging technological opportunities while ensuring a seamless transition with Ittycheria remaining on the board for support.