Cohere AI Updates: August 29, 2026

1. Cohere Launches Parse for Enterprise Document Intelligence

Cohere. Cohere introduced Parse, a vision language model for enterprise document processing that converts complex multimodal files into structured, machine-readable data. Parse goes beyond optical character recognition by detecting tables and embedded images, returning clean Markdown with bounding boxes for visual elements across nine major world languages. The company reports a score of 79.2 on its ParseBench evaluation, ahead of Mistral OCR 4 at 74.5 and AWS Textract at 53.3, with throughput of 4.5 pages per second and pricing of $1.50 per 1,000 pages through the Cohere API. Source