Voyage-3.5: Next-Gen Embedding Models with Superior Cost-Performance

Voyage AI launched Voyage-3.5 and Voyage-3.5-lite, its next-generation embedding models. These maintain the same size as their predecessors but deliver significant improvements in retrieval quality at a lower cost. Compared to OpenAI's v3-large, Voyage-3.5 and Voyage-3.5-lite show 8.26% and 6.34% better retrieval quality, respectively, while costing 2.2x and 6.5x less. Supporting multiple embedding dimensions and quantization options via Matryoshka learning and quantization-aware training, they drastically reduce vector database costs while maintaining superior accuracy.
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