Elastic

A search, observability and security software company developing retrieval tools in Elasticsearch. Its ELSER sparse model and acquired Jina AI embedding and reranking technology supply context for AI applications.

kindCompany
subsidiariesJina AI
Event history

Retrieval before generation

Elastic’s ELSER model expands text into weighted, learned term associations for semantic retrieval in Elasticsearch. That sparse representation differs from dense embedding vectors and from an LLM generating an answer. Current documentation marks ELSER V2 generally available while retaining V1 as a technical preview. [2]

Adding dense and multimodal search models

Elastic announced the completed Jina AI acquisition on October 9, 2025. The addition brought multilingual and multimodal embeddings, rerankers and researchers alongside its existing retrieval tools. The announcement’s future Elastic Inference Service plans are separate from proven same-day availability of every model. [1]

The subsequent filing gives October 7 as the legal acquisition date for 100% of Conic AI Technology Limited and its subsidiaries, collectively called Jina AI. That closing date is distinct from the public announcement two days later. [3]

Sources

  1. Elastic Completes Acquisition of Jina AI, a Leader in Frontier Models for Multimodal and Multilingual Search

    Elastic · Oct 9, 2025

  2. ELSER

    Elastic · retrieved Oct 23, 2026

  3. Elastic N.V. Form 10-Q for the quarter ended October 31, 2025

    Elastic · Nov 24, 2025