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In this episode of the AI Show, Neta Haiby, Principal Program Manager at Microsoft Azure Cognitive Services, demonstrates how to extract data from documents and forms using OCR and Form Recognizer. The session begins with an overview of the Read API, a model trained on millions of documents, which is available as both a managed service and a container. It can extract text from both printed and handwritten documents, as well as from images in various contexts. The newly released Computer Vision API v3.0 offers support for multiple languages including Spanish, German, French, Italian, Portuguese, and Dutch. The discussion emphasizes the ubiquity of forms in various sectors, highlighting their relevance in today's environment.