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In this video tutorial, the speaker introduces a model called Li LT, which is a language-independent layout transform model. The model is used to extract information from various types of documents, such as PDFs and images. The speaker discusses the importance of fine-tuning the model on a custom annotated dataset. The document AI industry has seen significant progress in developing models to extract information from structured documents. Other models mentioned include layout LM and different versions of layout LM, such as version one, two, and three.
