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Last but not late: jina-reranker-v3 is here! A new 0.6B-parameter listwise reranker that puts query and all candidate documents in one context window and SOTA on BEIR. We call this new query-document interaction "last but not late" - It's "last" because <|doc_emb|> is placed as the final token of each document for embedding extraction. It's "not late" because, unlike late interaction models i.e. ColBERT that separately encode documents before multi-vector matching, we enable query-document-document interactions early in the forward pass.

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