Elastic has launched the Agent Builder, a powerful tool for developers to create context-driven AI agents that enhance enterprise data processing efficiency. Built on Elasticsearch, the Agent Builder extracts valuable context from unstructured data sources, improving decision-making quality. Additionally, the introduction of Elastic Workflows (in tech preview) enables these agents to perform reliable actions across multiple systems, bridging the gap in AI automation and facilitating the shift from pilot projects to practical use.
Currently available in Elastic Cloud Serverless and the Enterprise Tier of Elastic Cloud Hosted, Agent Builder allows existing customers to leverage these new functionalities for enhanced AI development.
In related financial news, Wall Street analysts project a favorable outlook for Elastic NV (ESTC), forecasting an average 12-month price target of $101.14, with a range between $75.00 and $130.00. Despite the subjective nature of these targets, investors are encouraged to consider underlying company fundamentals for insights into valuation.
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