Mistral OCR understands complex documents
The French AI startup Mistral introduced an accurate document understanding API, called Mistral OCR. OCR stands for Optical Character Recognition.
The details
- The API processes media, text, tables, and equations with a quality that was previously unreachable. You can use the system to digitize complex documents.
- In benchmarks, Mistral OCR outperforms its competitors in terms of accuracy. Mistral OCR achieves an accuracy of 94.89%, significantly surpassing Google’s Document AI (83.42%) and Microsoft’s Azure OCR (89.52%).
- Mistral OCR is now the default model for document processing on Le Chat. The new API is available for developers on la Plateforme. In addition, the API is coming soon to Mistral’s cloud, inference partners, and on-premises.
Mistral OCR in action 👇🏽
Our thoughts
Around 90% of the world’s corporate data is stored as documents. With Mistral’s OCR API, these documents become accessible for complex workflows. In addition, Mistral OCR is an excellent model for RAG systems that handle multimodal documents, like slides or complex PDFs, as input.
We are impressed that Mistral consistently delivers precise and fast solutions to the market. Europe has a world-class AI champion.
More information: 🔗 Mistral Blog
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