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Today's video tutorial discusses the Li LT model, a language independent layout transform model designed to extract information from various document types such as PDFs and images. The presenter explains how to fine-tune the model using annotated data. The document AI industry has seen significant advancements in developing models for extracting information from documents like finance documents. Examples of such models include layout LM models and different versions of layout LM (versions 1, 2, and 3).