In this enlightening episode of the BONZAI Podcast, host Karyna Mihalevich (Graip.ai Product Lead) engages in a thought-provoking conversation with Eduards Mukans, Machine Learning Architect at Graip.AI. Eduards, a respected contributor to the field of Natural Language Processing (#NLP), brings his expertise to the table as they explore the latest trends in NLP for Intelligent Document Processing (#IDP). They delve into the intricacies of NLP, discussing its application in IDP across various business use cases. The conversation further unfolds to discuss the latest trends, including Transformers, Large Language Models (#LLMs), Transfer Learning, and Multimodal NLP, and their impact on business use cases in IDP. The duo also touches upon the critical issue of data privacy and the future of NLP in IDP. Eduards Mukans, based in Riga, Latvia, is a passionate Machine Learning Architect who has made significant contributions to NLP through his blog and published works in esteemed forums like the Association for Computational Linguistics (#ACL). Don't forget to subscribe to our channel for more insightful discussions on AI, machine learning, and more. Visit our website www.graip.ai to learn more about our work and stay updated with the latest AI innovation. Stay tuned for more episodes of the BONZAI Podcast, where we bring you the voices shaping the future of AI.