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In this episode of the AI show, Neta Haiby, Principal Program Manager at Microsoft Azure Cognitive Services, presents how to extract data from documents and forms using Optical Character Recognition (OCR) and Form Recognizer. The session begins with an overview of OCR, highlighting the Read API, a pre-trained model capable of extracting text from various types of documents, including handwritten and printed material. The API is available as a managed service and a container. The newly released Computer Vision API v3.0 now supports multiple languages, including Spanish, German, French, Italian, Portuguese, and Dutch. The discussion emphasizes the omnipresence of forms, such as invoices and tax documents, across industries.