Mistral has launched a new multimodal OCR API that converts complex PDF documents into AI-friendly Markdown files. The API is designed for efficiency, handles visual elements like illustrations, supports complex formatting such as mathematical expressions, and reportedly outperforms similar offerings from major competitors. TechCrunch reports: Unlike most OCR APIs, Mistral OCR is a multimodal API, meaning that it can detect when there are illustrations and photos intertwined with blocks of text. The OCR API creates bounding boxes around these graphical elements and includes them in the output. Mistral OCR also doesn't just output a big wall of text; the output is formatted in Markdown, a formatting syntax that developers use to add links, headers, and other formatting elements to a plain text file.

Mistral OCR is available on Mistral's own API platform or through its cloud partners (AWS, Azure, Google Cloud Vertex, etc.). And for companies working with classified or sensitive data, Mistral offers on-premise deployment. According to the Paris-based AI company, Mistral OCR performs better than APIs from Google, Microsoft, and OpenAI. The company has tested its OCR model with complex documents that include mathematical expressions (LaTeX formatting), advanced layouts, or tables. It is also supposed to perform better with non-English documents. [...]

Mistral is also using Mistral OCR for its own AI assistant Le Chat. When a user uploads a PDF file, the company uses Mistral OCR in the background to understand what's in the document before processing the text. Companies and developers will most likely use Mistral OCR with a RAG (aka Retrieval-Augmented Generation) system to use multimodal documents as input in an LLM. And there are many potential use cases. For instance, we could envisage law firms using it to help them swiftly plough through huge volumes of documents. "Over the years, organizations have accumulated numerous documents, often in PDF or slide formats, which are inaccessible to LLMs, particularly RAG systems. With Mistral OCR, our customers can now convert rich and complex documents into readable content in all languages," said Mistral co-founder and chief science officer Guillaume Lample.

"This is a crucial step toward the widespread adoption of AI assistants in companies that need to simplify access to their vast internal documentation," he added.

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