Elastic Launches New Multimodal Embedding Model for AI Search
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 11 2026
0mins
Source: Newsfilter
- Multimodal Search Capability: Elastic's new jina-embeddings-v5-omni model supports text, image, video, and audio inputs, enabling developers to perform search, classification, and deduplication across different media types, thereby enhancing users' ability to understand and organize multimodal data.
- Best-in-Class Performance: The v5-omni model excels in multiple benchmark tests, particularly the v5-omni-small model, which ranks top in visual similarity and image retrieval within the 1B parameter range, showcasing its competitive edge among similar products.
- Flexible and Efficient Design: The new model offers adjustable embedding sizes, allowing users to balance accuracy, speed, and cost, while its modular design enables users to toggle text, image, and audio processing features as needed, enhancing flexibility and efficiency in usage.
- Seamless Upgrade Experience: The v5-omni model maintains compatibility with existing v5 text embeddings, eliminating the need for data re-indexing, allowing teams to easily expand into image, audio, and video domains, further driving business growth.
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Analyst Views on ESTC
Wall Street analysts forecast ESTC stock price to rise
26 Analyst Rating
16 Buy
10 Hold
0 Sell
Moderate Buy
Current: 57.610
Low
75.00
Averages
101.14
High
130.00
Current: 57.610
Low
75.00
Averages
101.14
High
130.00
About ESTC
Elastic NV is a Netherlands-based data analytics company. The Company’s platform, which is available as both a hosted, managed service across public clouds as well as self-managed software, allows its customers to find insights from large amounts of data and take action. The Company offers three search-powered solutions - Enterprise Search, Observability, and Security - that are built into the platform, which is built on the Elastic Stack, a set of software products that ingest data from any source, in any format, and perform search, analysis, and visualization of that data. The Company helps organizations, their employees, and their customers find what they need, while keeping mission-critical applications running smoothly, and protecting against cyber threats. The Company generates revenue primarily from sales of subscriptions to its platform.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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