Armineh Nourbakhsh, Executive Director at JP Morgan AI Research, dives into the exciting world of DocLLM, a layout-aware large language model designed for document understanding. She shares insights on the evolution of document AI, focusing on multimodal approaches that combine textual and visual data. Nourbakhsh discusses the challenges of training generative models, the intricacies of processing enterprise documents, and strategies to reduce hallucinations in language models, enhancing performance in complex document analysis.