Initial version of Python API Docs. (#7183)
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+# Python API Docs
+
+Documentation for the Python API is built with Sphinx under this directory.
+When new versions are released, the documentation is generated and published
+to the website.
+
+## Building Docs
+
+### Install IREE binaries
+
+Either install python packages or, from the build directory:
+
+```shell
+export PYTHONPATH=$PWD/bindings/python:$PWD/compiler-api/python_package
+```
+
+### Install dependencies
+
+```shell
+python -m pip install -r requirements.txt
+```
+
+
+### Build docs
+
+```shell
+sphinx-build -b html . _build
+```
