Artificial Intelligence (AI) is one of the most widely inflated technologies in several industries today. With the emergence of IoT, Big data and Digitalization, many industries produce large sets of data and AI begins to be the prominence for solving the increasing number of complications in this relevance. Artificial Intelligence (AI) and Machine Learning (ML) applications, spectacle substantial guarantee in gaining commercial traction in several businesses as AI brings with a probable of genuine human-to-machine interaction. When machines become intelligent, they can understand needs, connect with data points and arrive at better decisions. Therefore, Artificial Intelligence (AI) and Machine Learning technologies are being quickly adopted in wide range of applications in several industries. In this paper, we epitomize the fundamentals and the significance of adopting of Artificial Intelligence technologies in different industries.