Cohere Releases Parse 5 (parse-v5.0): A 2.3B Vision Language Model That Turns Enterprise Documents Into Markdown
Cohere has released Parse ( parse-v5.0 ) , a document parsing model aimed at high-volume enterprise ingestion. It is a 2.3B-parameter vision language model with an 8,192-token context window and a ~4.6GB footprint, built on Cohere Labs’ North-Micro-Vision-Instruct architecture. Parse takes a PDF, PPT or JPEG page as a base64-encoded data URI and returns Markdown containing text in reading order, tables rendered as HTML, lists, form key-value pairs, image descriptions and bounding box coordinates. There is no separate OCR stage in front of it. Cohere prices the Parse API at $1.50 per 1,000 pages and positions the model on price-performance rather than peak accuracy — a claim the company supports with a self-reported ParseBench score of 79.2 that, as we detail below, measures three of that benchmark’s five dimensions. Is it deployable? Yes , in production. Parse is generally available through the Cohere Parse API, Microsoft Foundry, AWS SageMaker , and single-ten...
