Exciting news! The free API you were using is no more free!
Exciting news for who? Only the site owner is excited that a free resource now requires a subscription
"Yay! Now I have to pay another subscription! I'm so excited! Let's celebrate with them!" - nobody
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It’s “Open” in the same way that OpenAI is “Open”.
“Open” ≠ “Open Source” or “Open Access”. It’s more like: “Open for Business”.
Is OpenAI a regular business too?
According to Wikipedia, it's a non profit with a for profit subsidiary. Interpret that how you will. Nothing shady or deceptive here.
Anything involving software that uses the word "open" in its title should be legally required to be open source.