Scaling Document Data Extraction With LLMs & Vector Databases

The text discusses the use of large language models (LLMs) and vector databases for extracting structured data from unstructured documents. It highlights how these technologies can automate critical business processes with relatively little effort, transforming unstructured or semi-structured data into a format that can be queried, analyzed, and used to drive decisions. The text also explores the role of vector databases in this process, particularly for lengthier documents whose contents won't fit into the context window of an LLM being used to extract data. It delves into the challenges associated with using vector databases, such as cost impact, and presents strategies to overcome these challenges. The text also introduces Unstract, an open-source, no-code platform that allows for processing complex documents without manual annotations, and Timescale Cloud, a PostgreSQL-based managed service designed for scale, speed, and savings, which can be used for various LLM use cases like Q&As based on retrieval-augmented generation (RAG) and intelligent document processing.