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In recent videos, we discussed tax representation techniques, focusing on word embeddings such as word2vec. In this video, we will cover another popular word embedding technique called FastText. FastText is similar to word2vec but with one key difference. It is important to understand word2vec techniques like Continuous Bag of Words (CBOW) and Skip Gram before diving into FastText. CBOW involves using context to predict target words, training a neural network to create word embeddings.