Cohere Releases Parse 5 (parse-v5.0): A 2.3B Vision Language Model That Turns Enterprise Documents Into Markdown

Summary

<p>Cohere has released Parse (parse-v5.0), a 2.3B-parameter vision language model that converts PDFs, slides and images into Markdown with HTML tables, bounding boxes and image descriptions. It runs at $1.50 per 1,000 pages through the API, or on dedicated Model Vault instances from $2,500 a month. Cohere reports a ParseBench score of 79.2, ahead of Mistral OCR 4, Azure Document Intelligence and Databricks AI Parse — but that figure averages three of the benchmark's five dimensions and drops charts and visual grounding entirely.</p> <p>The post <a href="https://www.marktechpost.com/2026/08/27/cohere-releases-parse-5-parse-v5-0-a-2-3b-vision-language-model-that-turns-enterprise-documents-into-markdown/">Cohere Releases Parse 5 (parse-v5.0): A 2.3B Vision Language Model That Turns Enterprise Documents Into Markdown</a> appeared first on <a href="https://www.marktechpost.com">MarkTechPost</a>.</p>