FoundationDB is a next-generation database that aims to provide high performance transactions at massive scale through a distributed design. It addresses limitations of NoSQL databases by providing a transactional, fault-tolerant foundation using tools like the Flow programming language. FoundationDB has demonstrated high performance that exceeds other NoSQL databases, and provides ease of scaling, building abstractions, and operation through its transactional design and automated partitioning. The goal is to solve challenges of state management so developers can focus on building applications.