Bengaluru-based AI-driven startup, LatentForce.ai, announced yesterday the launch of Extractors.ai – the ultimate one-stop solution for all LLM (Generative AI)-powered data extraction and document conversion tasks.
“Extractors.ai is incredibly useful for anyone who frequently works with scanned documents in their daily workflow. Imagine you’re processing 100 invoices a day and need to compile all the details into an Excel sheet by the end of the day; Extractors.ai makes this task fast and effortless,” Aravind Jayendran, co-founder and CEO of LatentForce.ai told AIM.
The platform offers a versatile range of data extraction tools, including converting photos into Excel files, transforming scanned copies into editable documents, and bulk processing unstructured documents to extract valuable information. For users who prioritise data privacy, the platform provides on-premise solutions that enable the setup of dedicated servers within the user’s network. This ensures that documents are processed securely while remaining entirely within the user’s infrastructure.
LatentForce built Extractors.ai using AI Agents powered by Vision Language Models (VLMs). Unlike traditional LLMs, VLMs combine the ability to understand both text and images. Since scanned documents are essentially images, this dual capability allows Extractors.ai to achieve unparalleled output quality and tackle previously impossible tasks.
“For example, our image-to-DOCX converter is the first tool in the world capable of transforming an image into a fully editable DOCX file while preserving the original formatting,” Jayendran explained. “Imagine you’re working on a tender and need to make quick edits to a scanned page but don’t have the soft copy. Instead of manually typing and reformatting everything, you can simply take a photo of the page and use Extractors.ai to generate an editable DOCX file in seconds.”
He further added that this is just one example of how its unique AI Agents are revolutionising data extraction and processing. The company is continuously developing new tools to simplify these tasks as part of LatentForce.ai’s mission to make AI accessible and practical for enterprises of all sizes.
Overall, generative AI startups in India are transforming various industries by leveraging advanced AI models such as text, images, LLMs, codes and videos. Key players like Krutrim AI, Sarvam AI, and KissanAI focus on applications like LLMs, AI tools, and agricultural technology.
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