I read a separate thread that only the UI is emulated x64, however the actual backend service that is installed is also x64. This means I cannot keep the service running in the background and I have to manually start and stop it in order to protect my battery life. Any emulation on Arm64 negatively impacts battery life.
I also attempted to unpack the contents of the msi, and I discovered that there is no arm64 binary in the install. Hopefully this can be added soon so I can just leave the service on without manual interference.