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Stock impact report

Elastic Adds High-Precision Multilingual Reranking to Elastic Inference Service with Jina Models

Elastic N.V. Ordinary Shares (ESTC) 
Last elastic n.v. ordinary shares earnings: 2/26 04:10 pm Check Earnings Report
Company Research Source: Business Wire
Two new Jina reranker models deliver low-latency, production-ready relevance for hybrid search and RAG workloads SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, today made two Jina Rerankers available on Elastic Inference Service (EIS), a GPU-accelerated inference-as-a-service that makes it easy to run fast, high-quality inference without complex setup or hosting. These rerankers bring low-latency, high-precision multilingual reranking to the Elastic ecosystem.As generative AI prototypes move into production-ready search and RAG systems, users run into relevance and inference latency limits, particularly for multilingual use cases. Rerankers improve search quality by reordering results based on semantic relevance, helping surface the most accurate matches for a query. They improve relevance across aggregated, multi-query results, without reindexing or pipeline changes. This makes them especially valuable for hybrid search, RAG, and context-engineering w Show less Read more
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