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voyage-3 & voyage-3-lite: A new generation of small yet mighty general-purpose embedding models

TL;DR – We are excited to announce voyage-3 and voyage-3-lite embedding models, advancing the frontier of retrieval quality, latency, and cost. voyage-3 outperforms OpenAI v3 large by 7.55% on average across all evaluated domains, including code, law, finance, multilingual, and long-context, with 2.2x lower costs and 3x smaller embedding dimension, resulting in 3x lower vectorDB costs. voyage-3-lite offers 3.82% better retrieval accuracy than OpenAI v3 large while costing 6x less and having 6x s...

Read more at blog.voyageai.com

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