VentureBeat reports Cohere released Parse 5 for lower-cost document parsing
VentureBeat reports that Cohere has released Parse 5, a 2.3-billion-parameter vision-language model for converting PDFs, slides and images into structured Markdown. The report says Parse 5 trails larger frontier models on Cohere’s accuracy benchmark but costs $1.50 per 1,000 pages, with the company positioning it…