Cohere launches Parse for enterprise document intelligence
Cohere made Parse v5.0 generally available through its API, Model Vault, Microsoft Foundry, and AWS SageMaker. The vision parser turns supported documents and images into reading-order Markdown with table and image handling across nine languages; the API launch price is $1.50 per 1,000 pages.
Why it matters: Document parsing is the evidence boundary for retrieval and document agents. A fast or cheap parser is useful only if it preserves tables, reading order, formatting, access controls, page provenance, and failure signals well enough for the downstream decision.