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In this video tutorial, the focus is on a model called Li LT model, which helps extract information from documents such as PDFs or images. The model is referred to as a language independent layout transform model. Progress has been seen within the document AI industry, where various models, like layout LM models, are being developed to extract entities and relevant information from structured documents. Examples of such documents include PDFs and Finance documents. Variants of the layout LM models include versions one, two, and three.