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In this episode of the AI show, Neta Haiby, Principal Program Manager at Microsoft Azure Cognitive Services, discusses data extraction from documents and forms using OCR and Form Recognizer. The session covers the use of the Read API, an advanced Optical Character Recognition (OCR) model trained on millions of documents. This service extracts text from both printed and handwritten documents, as well as from images. The latest Computer Vision API v3.0 is now available, offering support for multiple languages including Spanish, German, French, Italian, Portuguese, and Dutch. The tutorial emphasizes the ubiquity of various forms in business contexts, such as invoices and tax forms.