GoKawiilCohere launches Parse 5 document AI model, undercuts rivals on price
Cohere released Parse 5, a 2.3-billion-parameter vision-language model that converts PDFs, slides, and scanned images into structured Markdown in a single pass, avoiding separate OCR and formatting steps. On Cohere's own benchmark, Parse 5 trails larger models like GPT-5.5, Opus 4.8, and Gemini 3.5 Flash in accuracy, but Cohere prices it at $1.50 per 1,000 pages via API, with a higher-volume option through its Model Vault platform.