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Rerankers are core retrieval plumbing for RAG, and cheaper calibrated scores matter for agents.
Cohere Rerank 5 ships in Pro and Fast tiers with a 32K context window, Context Focus passage extraction and calibrated relevance scores; Pro scores 82.2 on BRIGHT and costs $0.05 per 1M tokens. Cohere also launched Model Vault confidential computing in public beta.