Elastic Announces Elastic Rerank Model to Power Up Semantic Search [Yahoo! Finance]
Elastic N.V. Ordinary Shares (ESTC)
Last elastic n.v. ordinary shares earnings: 2/26 04:10 pm
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Source: Yahoo! Finance
SAN FRANCISCO, December 10, 2024 BUSINESS WIRE Elastic (NYSE: ESTC), the Search AI Company, announced Elastic Rerank, a cross-encoder reranking model that offers powerful semantic search capabilities with no required reindexing, and high relevance, top performance, and efficiency for text search. Developers can now semantically boost keyword search with little to no change to how data is indexed and searched, providing flexibility and control over costs. "Reranking models provide a semantic boost to any search experience," said Steve Kearns, general manager, Search at Elastic . "Building a reranking model into the Elasticsearch Open Inference API makes Elastic Rerank effortless to load and use in search pipelines. It allows users to quickly apply the accuracy benefits of semantic ranking to their Elasticsearch data just by adding a few parameters to existing queries." Built on the DeBERTa v3 architecture, the Elastic Rerank model outperforms other significantly larger reranking m
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News
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- Elastic N.V. (ESTC) Receives Overweight Rating and $130 Price Target from Morgan Stanley [Yahoo! Finance]Yahoo! Finance
- Elastic (NYSE: ESTC) was downgraded by analysts at Wedbush from a "strong-buy" rating to a "hold" rating.MarketBeat
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ESTC
Earnings
- 11/21/24 - Beat
ESTC
Sec Filings
- 12/19/24 - Form 4
- 12/18/24 - Form 144
- 12/17/24 - Form 4
- ESTC's page on the SEC website