Reducto makes document parsing 6× cheaper

Reducto launched r-1, a document-parsing model whose early preview cuts its legacy agentic pipeline’s error rate by 20% and costs $0.01 per page instead of $0.03–$0.06. That pricing turns parsing from a bespoke orchestration bill into a predictable line item for teams processing contracts, financial statements, or scanned records; Reducto offers up to $5,000 in migration credits, but the figures are vendor-reported and the model remains in preview. Builders weighing multimodal extraction should compare r-1 against the five-cent visual pipeline for scanned documents on real error cases before switching.