Do search engines recognize text from an image or gif?

Question

Search engines

The situation is the following. There is a list of terms that are on the competitor site in the form of text. If I make the same terms as a picture in an unchanged form - will there be sanctions from search engines for copy- pasting text onto a picture? on a gif?
I want to preserve the uniqueness, while not losing information.

Answer 1

they don’t officially recognize it,
but in soap antispam tasks it’s been like this for two years already, maybe it’s also in SEO antispam tasks, so it’s better to be careful