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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 focuses on the Read API, an off-the-shelf model trained on millions of documents, available as a managed service and container. It can extract text from both printed and handwritten documents, as well as from images. The new Computer Vision API v3.0, now generally available, supports multiple languages including Spanish, German, French, Italian, Portuguese, and Dutch. The session emphasizes the prevalence of forms across various sectors, including invoicing, banking, and healthcare.