pdf.js is a JavaScript library for rendering PDF files in HTML5. It parses PDF files without using native code by building an internal representation of drawing commands, fonts, images, and other objects. These objects are loaded and the commands are executed to render pages onto a canvas using HTML5 technologies. Key challenges include accurately rendering complex fonts, improving performance, and supporting more advanced PDF features like forms and printing. The library is open source and the developer is working on improving font handling, speed, and test coverage.