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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 OCR and Form Recognizer. The session begins with an overview of Optical Character Recognition (OCR), highlighting the Read API, a model trained on millions of documents, available as a managed service and a container, which can extract text from both printed and handwritten sources, as well as from images. The Computer Vision API v3.0 is now generally available and supports languages including Spanish, German, French, Italian, Portuguese, and Dutch. The tutorial emphasizes the ubiquity of forms across various industries, such as invoices and tax documents.