From their own response (and due to logical thinking about how the LLM service works): https://fosstodon.org/@notesnook/114927444378333659
Strictly speaking, if you consider Lumo's GPU servers to be one of the "ends", then yeah, it is E2EE (you and the server being the ends).
But Proton own the GPU servers, and therefore have access to their private keys, so they can decrypt your messages as they arrive, before they're deleted, which happens after they're encrypted with your asymetric key (so only you can read it) and stored with zero-access.
I don't consider this safe. In a system where you are only interfacing with a computer (and not other users), E2EE should mean that only you have access to the unencrypted data, at any given time. Which is how Proton Drive works.
Love how it highlights that big tech (much to capitalism's fault, TBH) can only drive innovation if the tech has a moat around it, if no one else can, or would, copy it and deploy it at a lower cost.
Which is... the argument that people use to defend capitalism? That capitalism drives innovation and makes it accessible to everyone at the lowest possible price.
I like the frugal tech idea as much as I like degrowth.