Cohere Parse 5 Debuts as 2.3B Vision Language Model

Cohere released Parse 5, a 2.3B-parameter vision language model for enterprise document ingestion. Priced at $1.50 per 1,000 pages, it converts PDFs, PPTs, and JPEGs into Markdown. Cohere reports a ParseBench score of 79.2, averaging three of five benchmark dimensions.