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COMPANY · ENTITY #628

Compass

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EVENT TIMELINE

3

COMPANIES · 1 SOURCE · Cohere

Cohere launches Compass Cloud as managed private beta

Cohere is offering Compass — its document parsing and retrieval platform for RAG, search, and agent workflows — as a managed cloud product called Compass Cloud, entering a limited private beta while continuing to support self‑hosted deployments for regulated customers. The managed service centralizes ingestion, indexing, embedding, retrieval, reranking, and permissions, and provides connectors (e.g., SharePoint, OneDrive, Google Drive), an MCP server, and a Python SDK to simplify enterprise deployment and reduce operational overhead.

6.0

MODELS · 1 SOURCE · Cohere

Cohere debuts Parse — a high-throughput enterprise document parsing model

Cohere has released Parse, a vision-language document parser optimized for enterprise workloads and available via the Cohere API, Compass search stack, and private single-tenant Model Vault. Cohere positions Parse as cost‑effective ($1.50 per 1,000 pages) with high throughput and stronger price–performance on ParseBench versus several specialized parsers and hyperscaler document services.

7.0

COMPANIES · 1 SOURCE · AWS Machine Learning

Ninth Wave built Compass — an AI multi-agent open-finance onboarding assistant on Amazon Bedrock

Ninth Wave developed Compass, a multi-agent AI onboarding assistant running on Amazon Bedrock AgentCore that validates bank APIs against Financial Data Exchange (FDX) standards, assigns compliance scores, and reduces open-finance onboarding from weeks to minutes while meeting SOC 2 and PCI DSS requirements, according to AWS Machine Learning.

6.0