35 Most Important AI Stocks for 2025 According to JPMorgan

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

Number of Hedge Fund Holders: 47  

Elastic N.V. (NYSE:ESTC) is a search artificial intelligence company that delivers hosted and managed solutions designed to run in hybrid, public or private clouds, and multi-cloud environments. The company has collaborated with AWS to enhance generative AI capabilities, integrating Amazon Bedrock into the Elastic AI Assistant to provide users with richer, more contextualized results. In November 2024, Elastic expanded this collaboration by offering large language model (LLM) observability support for Amazon Bedrock in Elastic Observability, enabling detailed insights into LLM performance and usage. These AI initiatives, particularly the collaborations with AWS, have played a significant role in shaping company performance, with positive market responses to advancements and strategic partnerships.

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