Paris-based Mistral AI has introduced Mistral OCR, an advanced optical character recognition (OCR) API designed to convert printed and scanned documents into digital files with high accuracy.
The company claims its OCR technology outperforms existing solutions from Microsoft and Google, particularly with multilingual support and complex document structures. Mistral OCR boasts accuracy rates between 97.00% and 99.54% across 11 languages. It is accessible via la Plateforme, Mistral's developer suite, with pricing at $1 per 1,000 pages.
The company aims to set a new industry benchmark for AI-driven document processing, offering capabilities such as layout retention, table reconstruction, math formula recognition, and multi-language support.