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In this episode of the AI show, Neta Haiby, Principal Program Manager from the Microsoft Azure Cognitive Services Team, discusses how to extract data from documents and forms using OCR (Optical Character Recognition) and Form Recognizer. The session begins with an overview of the OCR capabilities, showcasing the Read API, which is a managed service trained on millions of documents. This API can extract text from both printed and handwritten documents, as well as from images. The new Computer Vision API v3.0 is now available and includes support for multiple languages: Spanish, German, French, Italian, Portuguese, and Dutch. Form recognition is emphasized as crucial for various industries, given the ubiquity of forms like invoices and applications.