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In this YouTube tutorial, the host introduces the Li LT model, which is a language independent layout transform model used to extract information from PDF or image documents. The tutorial focuses on fine-tuning the model with annotated data sets. The document AI industry has seen advancements in models for extracting information from structured documents like PDFs and finance documents. Layout LM models, such as layout LM versions one, two, and three, have been developed for this purpose.