SAN FRANCISCO--(BUSINESS WIRE)--Elastic (NYSE: ESTC) today announced the launch of jina-ocr-v1, a new optical character recognition (OCR) model for end-to-end document processing. At 574M active parameters, it delivers frontier-grade accuracy in a model roughly one tenth the size of the benchmark leader. Jina-ocr-v1 accurately converts complex visual documents into structured, machine-readable text, such as Markdown, in a single pass, making it easy to search, train models, and build agentic ap