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Today, we are discussing Layout LMv3, which is the latest AI document parser for extracting information from large amounts of documents. Previous solutions used iron and CNN architectures, but transformers are now dominating the benchmark. Layout LMv3 is a multimodal transformer that processes text and images to extract document information. It is faster than previous versions due to improved image processing. The architecture has 12 layers with specific dimensions for images, and a 24 layer version is also available.
