LlamaIndex hits back: Cohere Parse scores only ~50% on ParseBench despite $1.50/1k pages pricing
ravithejads · x · 2026-09-15
Responding to Cohere's marketing push for Parse 5, LlamaIndex CEO Jerry Liu argues there's "no free lunch" in document parsing: Cohere Parse, at $1.50/1k pages, averages only 50% across all 5 ParseBench dimensions. It lacks fine-grained word/cell/line-level bounding boxes (crucial for precise citations) and general chart parsing, though its table parsing is decent (87%). LlamaParse's cost-effective mode starts at $0.375/page with more consistent performance.
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