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In this video tutorial, Anthony from Pretty Printed discusses how to use annotate in Django. Annotate is similar to aggregate, but with different purposes. While aggregate condenses data in a table to a single value (e.g., counting rows or getting average values), annotate does not reduce everything to one value. Instead, it aggregates across different rows and appends the result to individual rows. Anthony will demonstrate this concept by showing the raw queries generated in the video.