AI technology, or artificial intelligence technology, refers to computer systems and software that are designed to mimic human cognitive abilities such as learning, reasoning, and problem-solving. AI systems can be trained using large datasets, and use algorithms and statistical models to identify patterns and make predictions or decisions based on that data. AI technology can be applied to a wide range of industries, including automative and more specifically leasing companies, among others. Some of the most common AI applications include natural language processing, computer vision, speech recognition, and machine learning. As AI technology continues to advance, it has the potential to significantly improve and transform various aspects of business processes.

In the realm of automation, AI and RPA can collaborate to enhance operational efficiencies for enterprises. The convergence of these two technologies can result in reduced costs and improved ease of use. Global investments in AI and RPA are currently in the billions and continue to grow at a rapid pace.