Elastic Adds Support for Cohere High-Performance Embeddings
Elastic N.V. Ordinary Shares (ESTC)
Last elastic n.v. ordinary shares earnings: 2/26 04:10 pm
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Source: Business Wire
Developers can now natively use the Elastic vector database to store and search Cohere’s new int8 text embeddings SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the company behind Elasticsearch®, today announced the Elasticsearch open Inference API now supports Cohere’s text embedding models. This includes Elasticsearch native support for efficient int8 embeddings, which optimize performance and reduce memory cost for semantic search across the large datasets commonly found in enterprise scenarios.With this integration, Elasticsearch developers can experience immediate performance gains, including up to 4x memory savings and up to 30% faster search, without impacting search quality.“We’re excited to collaborate with Elastic to bring state-of-the-art search solutions to enterprises,” said Jaron Waldman, chief product officer at Cohere. “Elasticsearch delivers strong vector retrieval performance on large datasets, and their native support for Cohere’s Embed v3 models with int8
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ESTC
Earnings
- 2/29/24 - Beat
ESTC
Sec Filings
- 3/29/24 - Form 4
- 3/28/24 - Form 4
- 3/27/24 - Form 144
- ESTC's page on the SEC website