document-understanding

Mistral AI has released Mistral OCR, an API for extracting text and images from documents at $1 per 1,000 pages (approximately $0.50 with batch inference). The company claims 94.89% overall accuracy on its internal test set, comparing favorably to GPT-4o (89.77%), Gemini 2.0 Flash (88.69%), and Azure OCR (89.52%).

Mistral AI has released an OCR API priced at $1 per 1,000 pages with batch inference costs approximately half that rate. The company claims 94.89% overall accuracy on internal benchmarks, ahead of GPT-4o (89.77%), Gemini 2.0 Flash (88.69%), and Azure OCR (89.52%). The model processes up to 2,000 pages per minute on a single node.

Baidu has released Qianfan-OCR-Fast, a multimodal model specialized for optical character recognition tasks. The model offers a 66,000 token context window and is priced at $0.68 per 1M input tokens and $2.81 per 1M output tokens.