15 AI News That Broke The Internet

8. Elastic N.V. (NYSE:ESTC)

Number of Hedge Fund Holders: 47

Elastic N.V. (NYSE:ESTC) is a search AI company offering cloud-based solutions. On December 3, the company announced new capabilities on Elastic Security, designed to help organizations detect, investigate, and respond to security incidents and threats. The expanded cloud detection and response (CDR) capabilities, together with features such as agentless ingestion, cloud asset inventory, extended protections, and graph view, eliminate the need for a separate cloud detection and response tool altogether. The company is the first to integrate the CDR capabilities directly into an AI-driven security analytics solution.

“Over the past two years, Elastic has integrated cloud security and CDR capabilities directly into its AI-driven security analytics solution to enhance how modern organizations detect and respond to threats more effectively. Our comprehensive approach maximizes efficiency, lowers the total cost of ownership (TCO), and alleviates the burden on security teams. Ultimately, Elastic Security ensures organizations stay ahead of evolving threats while leveraging the full benefits of CDR.”

-Santosh Krishnan, general manager of Security at Elastic.