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In this episode of the AI show, Neta Haiby, Principal Program Manager at Microsoft Azure Cognitive Services Team, discusses data extraction from documents and forms using OCR and form recognizer. The session highlights the Read API, a managed service and container trained with millions of documents, capable of extracting text from printed and handwritten content as well as from images. The newly released Computer Vision API v3.0 now supports additional languages, including Spanish, German, French, Italian, Portuguese, and Dutch. The presentation emphasizes the ubiquity of forms across various sectors, such as invoices, tax documents, and medical forms, showcasing their importance even during challenging times.