ParadeDB author here -- correct! We plan to offer a hosted version soon and the idea behind picking AGPL is to be as permissive as possible so that people can use the product for free, but also protect ourselves from abuse in case a large company, say AWS, were to want to ship it in their own environment.

In fact, we went through much questioning wondering to go with ELv2, Apache, AGPL, etc. before settling on AGPL