spaCy is a module for NLP is an open-source library that similar to
gensim. It has useful modules such as
Displacy . SpaCy is useful for NER as it has a different set of entity types and can label data different from
nltk. It has informal lagnuage corpura as well which is useful for chat and Tweets. spaCy is the fastest library, and is designed to perform real work, rather than research.