KPI stands for Key Performance Indicator. A KPI is a metric used to evaluate the performance of a company, a project, a process or a product in relation to the strategic objectives and targets set. KPIs are an important tool in business decision-making and are used to measure and analyse progress towards objectives, identify areas for improvement and make data-driven decisions. In the context of artificial intelligence and machine learning, KPIs can be used to assess the performance of machine learning models, such as accuracy, response time and scalability, and to determine whether the model is meeting the requirements and expectations set.
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