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Stock impact report

Elastic Delivers GPU Infrastructure to Self-Managed Elasticsearch Customers via Cloud Connect

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
Self-managed clusters can access GPU-powered inference without moving data or managing hardware SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC), the Search AI Company, announced the availability of Elastic Inference Service (EIS) via Cloud Connect for self-managed Elasticsearch deployments. Organizations can now gain on-demand access to cloud-hosted inference capabilities without managing GPU infrastructure, all while maintaining their core infrastructure and data on-premises. Users also gain immediate access to models by Jina.ai, an Elastic company and a leader in open-source multilingual and multimodal embeddings, rerankers, and small language models.Modern semantic search relies on vector embeddings for high-quality results. Now available in Elasticsearch 9.3, EIS on Cloud Connect allows self-managed customers to seamlessly leverage GPU-based embedding and reranking models, including leading Jina models, without the operational overhead of managing infrastructure. This enab Show less Read more
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