Cohere Releases Parse 5: 2.3B Vision-Language Model for Enterprise Document Processing at .50 Per 1,000 Pages
Cohere has released Parse 5, a specialized 2.3-billion-parameter vision-language model (VLM) engineered to convert complex enterprise documents into structured Markdown and HTML blocks in a single inference pass. Priced at $1.50 per 1,000 pages via API, Parse 5 targets large-scale enterprise retrieval-augmented generation (RAG) and document processing pipelines where routing millions of pages through frontier foundation models is cost-prohibitive. Single-Pass Architecture and Capabilities Tr
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