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Today's video tutorial introduces the LiLT model, a language-independent layout transform model that helps extract information from PDF and image documents. The presenter discusses the importance of fine-tuning the model on annotated data sets to improve accuracy. The recent progress in document AI industry has led to the development of various models like layout LM and different versions of LiLT. These models are essential for extracting entities and relevant information from structured documents such as financial reports.
