ReductoAI team members posted about launching r-1. Adit described the model as more accurate than the company's strongest agentic OCR versions, quicker to run, and as much as 6x less expensive. The two-year effort focused on handling multi-page tables, varied layouts, and details such as strikethrough text. Raunak added that the tool surpasses LVM parsers for accuracy while costing less than standard OCR options including Azure Doc Intelligence. The announcement was shared by Y Combinator.