Cohere announced Parse 5 (model ID parse-v5.0) as generally available on August 27, 2026 via the Cohere API at $1.50 per 1,000 pages, plus Model Vault, Microsoft Foundry, and AWS SageMaker. On Cohere's three-dimension ParseBench average it scores 79.2 — behind GPT-5.5, Opus 4.8, and Gemini 3.5 Flash, ahead of Mistral OCR 4 and hyperscaler OCR. Official docs list nine stable languages, 8192 context, Markdown-only output, no confidence scores, and bounding boxes for tables and images rather than per-text elements.