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In this video tutorial, the differences between various file formats used to store images are explained. The key concepts covered include raster versus vector graphics, lossy and lossless compression, color spaces, bit depth, and alpha channels. Raster formats store images as a grid of pixels, while vector formats store images as geometric formulas. Raster formats are best for storing photographs, while vector formats maintain sharpness when scaled up. Various file formats such as JPEG, PNG, TIFF, PSD, AI, and SVG are discussed along with their applications and differences.
