There is no per-unit API price: self-host only.
There is no free API. The weights are open, so you can run it yourself.
#44 of 200 in Embeddings. Strongest at: Embeddings & Retrieval.
On MTEB Indic v1 · Reranking · multilingual (2 languages), Snowflake Arctic Embed M Long scores 46.6 vs 46.8 — about the same.
Released 2024-04-12. It is the current version in its line.
Yes, the weights are open (Apache-2.0 licence).
The weights are open and can be self-hosted; hardware needs are not confirmed yet.
Snowflake Arctic Embed M Long is an open-weights embeddings & retrieval model from Snowflake, released Apr 2024.
EmbeddingGemma 300M (better).