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Cohere’s Parse 5 Promises Efficient Multi-Modal Information Extraction from Complex Documents
<img src="https://www.infoq.com/styles/static/images/logo/logo_bigger.jpg"/><p>Cohere has launched Parse 5, a multimodal foundation model designed to extract structured data from complex enterprise documents. The 2.3-billion-parameter system converts visually rich PDFs into Markdown while providing bounding box coordinates for visual grounding. It has been evaluated against over 2,000 enterprise p…