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Elastic shares jumped 8% after acquiring Jina AI, launching a GPU inference service, and approving a $500M buyback.
Elastic NV shares rose 8% to $88.07 in after-hours trading on October 10, 2025, following the completion of its acquisition of Jina AI, the launch of a GPU-powered inference service, and approval of a $500 million stock buyback.
The acquisition bolsters Elastic’s AI capabilities in vector search, retrieval-augmented generation, and context engineering, adding advanced models for text, images, and multilingual content.
The new inference service supports high-performance AI workloads, while the buyback reflects confidence in the company’s financial health and growth trajectory.
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Las acciones de Elastic saltaron un 8% después de adquirir Jina AI, lanzar un servicio de inferencia de GPU y aprobar una recompra de $500M.