Systems and techniques are described herein for processing video data. For example, a machine-learning based stereo video coding system can obtain video data including at least a right-view image of a right view of a scene and a left-view image of a left view of the scene. The machine-learning based stereo video coding system can compress the right-view image and the left-view image in parallel to generate a latent representation of the right-view image and the left-view image. The right-view image and the left-view image can be compressed in parallel based on inter-view information between the right-view image and the left-view image, determined using one or more parallel autoencoders.