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In this episode of the AI show, Neta Haiby, Principal Program Manager from the Microsoft Azure Cognitive Services Team, discusses extracting data from documents and forms using Optical Character Recognition (OCR) and Form Recognizer. The session highlights the Read API, an off-the-shelf model trained with millions of documents, available as a managed service and container. It can extract text from both printed and handwritten documents, as well as images. The newly released Computer Vision API v3.0 supports multiple languages, including Spanish, German, French, Italian, Portuguese, and Dutch. The session emphasizes the prevalence of various forms in different sectors, such as invoices, taxes, and medical documentation.