Elastic Collaborating With Amazon Web Services to Use Gen AI Capabilities; Shares Rise

MT Newswires Live11-25 23:22

Elastic (ESTC) said Monday it is collaborating with Amazon.com's (AMZN) Amazon Web Services cloud-computing unit by leveraging its latest generative artificial intelligence services.

Elastic is offering large language model observability support for the Amazon Bedrock service in Elastic Observability, providing site reliability engineers detailed insights into their Amazon Bedrock LLMs performance and usage.

The Elastic AI assistant helps site reliability engineers analyze data, generate visualizations, and offer recommendations to resolve issues, Elastic said.

Elastic shares were up 5.9% in recent trading, while Amazon rose 1.2%.

Price: 114.37, Change: +6.34, Percent Change: +5.87

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