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Stock impact report

Elastic Announces AI Ecosystem to Accelerate GenAI Application Development [Yahoo! Finance]

Elastic N.V. Ordinary Shares (ESTC) 
Last elastic n.v. ordinary shares earnings: 2/26 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
SAN FRANCISCO, November 14, 2024 BUSINESS WIRE Elastic (NYSE: ESTC), the Search AI Company, announced its AI ecosystem to help enterprise developers accelerate building and deploying their Retrieval Augmented Generation (RAG) applications. The Elastic AI Ecosystem provides developers with a curated, comprehensive set of AI technologies and tools integrated with the Elasticsearch vector database, designed to speed time-to-market, ROI delivery, and innovation. "The enterprise AI market is evolving at an accelerating rate, with new products and services arriving daily. While this dizzying array of options expands the portfolio of capabilities available to enterprises and their developers, it can simultaneously slow them down by increasing the number of choices and integrations that need to be made," said Stephen O'Grady, principal analyst with RedMonk . "One way to balance the need for new capabilities with a streamlined developer experience is by thoughtfully curating and integrating Show less Read more
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