Agreed. Esp if you gonna call an API, you can call something cheaper than this embeddings model, like 4o-mini, summarize, then use a small embeddings model fine-tuned for your needs locally.

I was critical about these guys before (not about their quality of work but rather about building a business around embeddings). This work though seems interesting and I might even give it a try, esp if they provide a fine-tuning API (is that on the roadmap?)