Elastic N.V. expands OpenAI collaboration, shares rise 12.1%

M&A · PartnershipProduct / Tech
โดย Simply Wall St·Read original
Summary · why it matters

In late July 2026, Elastic N.V. announced an expanded collaboration with OpenAI Inc., sending its shares up 12.1%. The partnership positions Elastic as the retrieval and governance layer for OpenAI's reasoning models, connecting them with Elasticsearch to enable permission-aware context, lower token costs, and agentic security operations that can incorporate GPT-5.5 Cyber models directly into Elastic Security workflows. The deal aims to support production-ready, enterprise AI applications grounded in governed data across search, security, and observability. Elastic's narrative projects $2.6 billion in revenue and $120.3 million in earnings by 2029, assuming 14.7% yearly revenue growth and an earnings decline of about $247.5 million from $367.8 million today. Some analysts already expected Elastic to reach about $2.8 billion in revenue and $160.8 million in earnings, and this collaboration could reinforce or challenge those upbeat views.

Impact on stocks 1

Artificial Intelligence · 1 stocks
Elastic NV
ESTC
▲ PositiveDemandrelevance

Expanded OpenAI collaboration positions Elastic as retrieval and governance layer, driving adoption of its products.

Theme Impact 3

Off-coverage companies 1

OpenAIPrivate± Mixed
relevance

Related news

2

Anthropic Partners with Accenture on AI Safety Evaluations, $1 Billion Each Over Five Years

Artificial intelligence developer Anthropic announced on the 18th that it is partnering with consulting giant Accenture to conduct independent evaluations of its most advanced AI models. Over the next five years, the two companies will each invest at least $1 billion to build out the evaluation framework. Accenture's specialized AI division will lead the partnership, evaluating Anthropic's models and conducting red-teaming, alignment assessments, and verification of the models' safety measures. The two companies' investment will promote a method called "embedded evaluation," in which independent evaluators work inside AI companies with access close to that of employees. Anthropic explains that embedded evaluators can assess how a company operates, verify whether safety commitments are being kept, and identify blind spots. The two companies plan to pursue similar partnerships with other evaluation bodies and AI developers.
ロイター·20mRead more →

SpaceX Weighs Buying Data From Failed Startups to Feed AI

SpaceX has held internal discussions about buying customer, operational and other data from troubled or failed startups to feed its AI efforts, according to Bloomberg. The talks remain informal and may not result in any transactions. SpaceX has already used information from Elon Musk's social network X, along with internal AI tutors, to help train and improve its software, and reportedly paused hiring for those tutors earlier this year. The push comes as AI becomes a larger part of SpaceX's spending: the company invested $15.8 billion in AI-related capital expenditures during the second quarter, while its AI business generated $2.56 billion in revenue during the period but posted a $1.26 billion operating loss. Investors will be watching whether that spending can eventually turn the company's expanding AI operation into a profitable business.
GuruFocus·13hRead more →
2

Nokia Expands Microsoft Partnership for AI-Driven Network Automation

Nokia Corporation is expanding its partnership with Microsoft Corporation to build an agentic, unified data foundation aimed at helping telecom providers scale artificial intelligence-driven operations. Under the agreement, Nokia Data Suite integrates with Microsoft Fabric, combining telco-specific data products with unified analytics, governance and AI capabilities across cloud, hybrid and on-premises environments. The company is initially applying these capabilities to autonomous Voice over New Radio assurance, where AI agents detect network anomalies, analyze service issues and recommend corrective actions. Nokia faces competition from Ericsson, which expanded its Intelligent Automation Platform to support automation across radio and core networks, and from Cisco Systems, which is integrating AI agents into its networking portfolio. Nokia shares have soared 123.6% over the past year compared with the industry's 20.6% growth, and the stock trades at a forward price-to-sales ratio of 2.42 versus the industry tally of 4.93.
Zacks Investment Research·15hRead more →