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In this YouTube tutorial, the speaker introduces a model called Li LT model, which is a language independent layout transform model. The video focuses on how to extract information from documents such as PDFs or images using this model. The speaker highlights the progress in the document AI industry and the development of various models like layout LM models, including different versions such as layout LM version one, two, and three. These models are designed to extract entities and relevant information from structured documents like PDFs and finance documents.