AI and machine learning (ML) have been rapidly developing over the past few decades and have changed the landscape of enterprise businesses. The global AI market size was valued at $93.5 billion in 2021 and is projected to expand at a compound annual growth rate of 38.1 percent from 2022 to 2030. OpenAI’s research release of its language model ChatGPT and Microsoft’s inclusion of an embedded AI chatbot in its Bing search engine are examples of the rise of AI. ML and deep learning are vital processes to successfully run computer systems that can learn and adapt by using algorithms and statistical models to evaluate and take actions based on patterns in data without explicit human direction.
