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AI & Enterprise

Cohere unveils Parse 5 document-parsing AI focused on cost performance

Cohere has unveiled Parse 5, a document-parsing AI model that converts PDFs, slides and images into structured markdown, VentureBeat reported. The 2.3-billion-parameter vision-language model targets cost performance rather than maximum accuracy, the company said. On its ParseBench benchmark it scored 79.2 points, below GPT-5.5 and some other models but above several tools. Pricing is $1.50 per 1,000 pages, and a single-tenant platform is offered for high-volume users.

AI & Enterprise

Upstage unveils Solar Pro 4, available on OpenRouter and others

Upstage unveiled Solar Pro 4, a commercial large language model with enhanced reasoning and agent capabilities, the company said on Thursday. It has been listed on the U.S. Nous Research Hermes Agent and the API routing platform OpenRouter, the first Korean model to be registered there, Upstage said. The company said cumulative token usage topped 80 billion within three days. It also posted benchmark results and said Solar Pro 4 is applied to its Upstage Studio document-processing solution.

AI & Enterprise

Big Tech steps up coding AI push, arms with China AI performance

Big Tech companies are accelerating an offensive in the coding AI tools market, raising questions about shifts in a field led by Anthropic, OpenAI and Cursor. Meta unveiled its first AI coding agent, Muse Code, in beta. Google is in talks on a deal worth about $1.5 billion involving AI coding startup Mechanize. AWS launched Kiro Crew, an autonomous workspace. Chinese firms also quickened moves to build large-scale AI models.