There is no per-unit API price: API price not public.
There is no free API. The weights are open, so you can run it yourself.
#38 of 200 in Embeddings. Strongest at: Embeddings & Retrieval.
On MTEB German v1 · STS · German, Snowflake Arctic Embed M v1.5 scores 35.2 vs 35.9 — about the same.
Released 2024-07-08. 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 v1.5 is an open-weights embeddings & retrieval model from Snowflake, released Jul 2024.
E5 Base v2 (better), Jina Embeddings v5 Text Nano (open weights).